PPP Loan information for Rainbow cycles

$29,200

Rainbow cycles was initially approved for PPP Loan of amount $29,200, the current approved amount is $29,200. The loan was approved on 04/10/2020 by The First Bank reported 12 jobs and $29,200 was used to fund payroll.

Rainbow cycles is Existing or more than 2 years old

PPP Loan Search / NC / SOUTHERN PINES / Rainbow cycles

RAINBOW CYCLES

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RAINBOW CYCLES

Borrower Address

239 E Broad St.

Borrower City

SOUTHERN PINES

Borrower State

NC

Borrower Zip

28387

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29200.00

Current Approval Amount

29200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHERN PINES

Project County Name

MOORE

Project State

NC

Project Zip

28387-0001

CD

NC-09

Jobs Reported

12

NAICS Code

451110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29200.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29446.58

Forgiveness Date

02/19/2021

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