PPP Loan information for Rainbow cleaning systems inc.

$388,299

Rainbow cleaning systems inc. was initially approved for PPP Loan of amount $388,299, the current approved amount is $388,299. The loan was approved on 03/31/2021 by The LendingClub Bank, National Association reported 90 jobs and $388,299 was used to fund payroll.

Rainbow cleaning systems inc. is Existing or more than 2 years old

PPP Loan Search / IL / Wheeling / Rainbow cleaning systems inc.

RAINBOW CLEANING SYSTEMS INC.

Date Approved

03/31/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

RAINBOW CLEANING SYSTEMS INC.

Borrower Address

500 W Palatine Rd Ste 106

Borrower City

Wheeling

Borrower State

IL

Borrower Zip

60090-5835

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

388299.00

Current Approval Amount

388299.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wheeling

Project County Name

COOK

Project State

IL

Project Zip

60090-5835

CD

IL-10

Jobs Reported

90

NAICS Code

561720

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

388296.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

390240.49

Forgiveness Date

09/29/2021

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