PPP Loan information for Rainbow enterprises inc

$135,795

Rainbow enterprises inc was initially approved for PPP Loan of amount $135,795, the current approved amount is $135,795. The loan was approved on 02/06/2021 by The First Horizon Bank reported 25 jobs and $135,795 was used to fund payroll.

Rainbow enterprises inc is Existing or more than 2 years old

RAINBOW ENTERPRISES INC

Date Approved

02/06/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

RAINBOW ENTERPRISES INC

Borrower Address

6975 US Highway 70

Borrower City

Bartlett

Borrower State

TN

Borrower Zip

38133-3811

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

135795.00

Current Approval Amount

135795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bartlett

Project County Name

SHELBY

Project State

TN

Project Zip

38133-3811

CD

TN-08

Jobs Reported

25

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

135788.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

136828.55

Forgiveness Date

11/16/2021

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