PPP Loan information for Rainbow irrigation, inc.

$44,500

Rainbow irrigation, inc. was initially approved for PPP Loan of amount $44,500, the current approved amount is $44,500. The loan was approved on 04/13/2020 by The Lake City Bank reported 7 jobs and $44,500 was used to fund payroll.

Rainbow irrigation, inc. is Existing or more than 2 years old

RAINBOW IRRIGATION, INC.

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RAINBOW IRRIGATION, INC.

Borrower Address

21776 COUNTY ROAD 8

Borrower City

BRISTOL

Borrower State

IN

Borrower Zip

46507-9303

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44500.00

Current Approval Amount

44500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

ELKHART

Project State

IN

Project Zip

46507-9303

CD

IN-02

Jobs Reported

7

NAICS Code

221310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1748.00

Payroll Proceed

40772.38

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1979.62

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44779.36

Forgiveness Date

12/03/2020

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