PPP Loan information for Rainbow land preschool & daycare

$54,390

Rainbow land preschool & daycare was initially approved for PPP Loan of amount $54,390, the current approved amount is $54,390. The loan was approved on 05/21/2021 by The Northeast Security Bank reported 20 jobs and $54,390 was used to fund payroll.

Rainbow land preschool & daycare is Existing or more than 2 years old

RAINBOW LAND PRESCHOOL & DAYCARE

Date Approved

05/21/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RAINBOW LAND PRESCHOOL & DAYCARE

Borrower Address

201 Vine St

Borrower City

Fayette

Borrower State

IA

Borrower Zip

52142-7649

Loan Status Date

03/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54390.28

Current Approval Amount

54390.28

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25019

Servicing Lender Name

Northeast Security Bank

Servicing Lender Address

1150 W 1st St

Servicing Lender City

SUMNER

Servicing Lender State

IA

Servicing Lender Zip

50674-1434

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fayette

Project County Name

FAYETTE

Project State

IA

Project Zip

52142-7649

CD

IA-02

Jobs Reported

20

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

54389.28

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

Non-Profit Organization

Originating Lender Location Id

25019

Originating Lender

Northeast Security Bank

Originating Lender City

SUMNER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

54640.62

Forgiveness Date

11/09/2021

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