PPP Loan information for Rainbow day care center inc

$70,535

Rainbow day care center inc was initially approved for PPP Loan of amount $70,535, the current approved amount is $70,535. The loan was approved on 01/25/2021 by The Sandy Spring Bank reported 18 jobs and $70,535 was used to fund payroll.

Rainbow day care center inc is Existing or more than 2 years old

RAINBOW DAY CARE CENTER INC

Date Approved

01/25/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

RAINBOW DAY CARE CENTER INC

Borrower Address

14311 Braddock Rd

Borrower City

Centreville

Borrower State

VA

Borrower Zip

20120-1604

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70535.00

Current Approval Amount

70535.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Centreville

Project County Name

FAIRFAX

Project State

VA

Project Zip

20120-1604

CD

VA-11

Jobs Reported

18

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

70532.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70940.82

Forgiveness Date

08/30/2021

;