PPP Loan information for Rainbow grill inc.

$682,234

Rainbow grill inc. was initially approved for PPP Loan of amount $682,234, the current approved amount is $682,234. The loan was approved on 01/26/2021 by The West Michigan Community Bank reported 48 jobs and $682,234 was used to fund payroll.

Rainbow grill inc. is Existing or more than 2 years old

PPP Loan Search / MI / Grandville / Rainbow grill inc.

RAINBOW GRILL INC.

Date Approved

01/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RAINBOW GRILL INC.

Borrower Address

4158 Chicago Dr SW

Borrower City

Grandville

Borrower State

MI

Borrower Zip

49418-1265

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

682234.00

Current Approval Amount

682234.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35340

Servicing Lender Name

West Michigan Community Bank

Servicing Lender Address

3467 Kelly St

Servicing Lender City

HUDSONVILLE

Servicing Lender State

MI

Servicing Lender Zip

49426-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grandville

Project County Name

KENT

Project State

MI

Project Zip

49418-1265

CD

MI-02

Jobs Reported

48

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

682234.00

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

35340

Originating Lender

West Michigan Community Bank

Originating Lender City

HUDSONVILLE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

689624.87

Forgiveness Date

02/23/2022

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