PPP Loan information for Rainbow cleaning systems inc.

$824,400

Rainbow cleaning systems inc. was initially approved for PPP Loan of amount $824,400, the current approved amount is $824,400. The loan was approved on 04/14/2020 by The LendingClub Bank, National Association reported 352 jobs and $824,400 was used to fund payroll.

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

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

RAINBOW CLEANING SYSTEMS INC.

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RAINBOW CLEANING SYSTEMS INC.

Borrower Address

920 WASHINGTON ST

Borrower City

WAUKEGAN

Borrower State

IL

Borrower Zip

60085-5427

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

824400.00

Current Approval Amount

824400.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAUKEGAN

Project County Name

LAKE

Project State

IL

Project Zip

60085-5427

CD

IL-10

Jobs Reported

352

NAICS Code

561740

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

824400.00

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

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

829552.50

Forgiveness Date

12/08/2020

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