PPP Loan information for Rainbow energy marketing corporation

$634,500

Rainbow energy marketing corporation was initially approved for PPP Loan of amount $634,500, the current approved amount is $634,500. The loan was approved on 06/04/2020 by The BNC National Bank reported 48 jobs and $634,500 was used to fund payroll.

Rainbow energy marketing corporation is Existing or more than 2 years old

RAINBOW ENERGY MARKETING CORPORATION

Date Approved

06/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

RAINBOW ENERGY MARKETING CORPORATION

Borrower Address

919 S 7th St., Suite 405

Borrower City

BISMARCK

Borrower State

ND

Borrower Zip

58504-5835

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

634500.00

Current Approval Amount

634500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224982

Servicing Lender Name

BNC National Bank

Servicing Lender Address

20175 N 67th Ave

Servicing Lender City

GLENDALE

Servicing Lender State

AZ

Servicing Lender Zip

85308-7000

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BISMARCK

Project County Name

BURLEIGH

Project State

ND

Project Zip

58504-5835

CD

ND-

Jobs Reported

48

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

400.00

Payroll Proceed

606100.00

Mortgage Interest Proceed

0.00

Rent Proceed

28000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

224982

Originating Lender

BNC National Bank

Originating Lender City

GLENDALE

Originating Lender State

AZ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

637637.25

Forgiveness Date

12/04/2020

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