PPP Loan information for Rainbow closets inc

$692,500

Rainbow closets inc was initially approved for PPP Loan of amount $692,500, the current approved amount is $692,500. The loan was approved on 04/05/2020 by The Columbia Bank reported 44 jobs and $692,500 was used to fund payroll.

Rainbow closets inc is Existing or more than 2 years old

PPP Loan Search / NJ / FAIRFIELD / Rainbow closets inc

RAINBOW CLOSETS INC

Date Approved

04/05/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RAINBOW CLOSETS INC

Borrower Address

4 Gardner Road

Borrower City

FAIRFIELD

Borrower State

NJ

Borrower Zip

07004-2206

Loan Status Date

05/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

692500.00

Current Approval Amount

692500.00

Undisbursed Amount

0.00

Franchise Name

California Closets

Servicing Lender Location Id

80189

Servicing Lender Name

Columbia Bank

Servicing Lender Address

19-01 Rte 208 N

Servicing Lender City

FAIR LAWN

Servicing Lender State

NJ

Servicing Lender Zip

07410-2832

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-2206

CD

NJ-11

Jobs Reported

44

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

692500.00

Payroll Proceed

0.00

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

80189

Originating Lender

Columbia Bank

Originating Lender City

FAIR LAWN

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

699387.05

Forgiveness Date

04/14/2021

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