PPP Loan information for Rainbow electric inc

$568,315

Rainbow electric inc was initially approved for PPP Loan of amount $568,315, the current approved amount is $568,315. The loan was approved on 03/31/2021 by The Wheatland Bank reported 38 jobs and $568,315 was used to fund payroll.

Rainbow electric inc is Existing or more than 2 years old

PPP Loan Search / WA / Spokane / Rainbow electric inc

RAINBOW ELECTRIC INC

Date Approved

03/31/2021

SBA Office Code

1094

Processing Method

PPS

Borrower Name

RAINBOW ELECTRIC INC

Borrower Address

809 N Napa St

Borrower City

Spokane

Borrower State

WA

Borrower Zip

99202-2868

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

568315.00

Current Approval Amount

568315.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74264

Servicing Lender Name

Wheatland Bank

Servicing Lender Address

222 N Wall St, Ste 308 MB 12

Servicing Lender City

SPOKANE

Servicing Lender State

WA

Servicing Lender Zip

99201

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Spokane

Project County Name

SPOKANE

Project State

WA

Project Zip

99202-2868

CD

WA-05

Jobs Reported

38

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

568315.00

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

74264

Originating Lender

Wheatland Bank

Originating Lender City

SPOKANE

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

571819.61

Forgiveness Date

11/16/2021

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