PPP Loan information for Rainbow learning center, inc

$64,600

Rainbow learning center, inc was initially approved for PPP Loan of amount $64,600, the current approved amount is $64,600. The loan was approved on 04/13/2020 by The BNA Bank reported 19 jobs and $64,600 was used to fund payroll.

Rainbow learning center, inc is Existing or more than 2 years old

PPP Loan Search / MS / NEW ALBANY / Rainbow learning center, inc

RAINBOW LEARNING CENTER, INC

Date Approved

04/13/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

RAINBOW LEARNING CENTER, INC

Borrower Address

706 SOUTH CENTRAL AVE

Borrower City

NEW ALBANY

Borrower State

MS

Borrower Zip

38652-3707

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64600.00

Current Approval Amount

64600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39647

Servicing Lender Name

BNA Bank

Servicing Lender Address

133 E Bankhead St

Servicing Lender City

NEW ALBANY

Servicing Lender State

MS

Servicing Lender Zip

38652-3933

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ALBANY

Project County Name

UNION

Project State

MS

Project Zip

38652-3707

CD

MS-01

Jobs Reported

19

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5552.00

Payroll Proceed

51770.00

Mortgage Interest Proceed

0.00

Rent Proceed

2588.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4690.00

Debt Interest Proceed

0

Business Type

Non-Profit Childcare Center

Originating Lender Location Id

39647

Originating Lender

BNA Bank

Originating Lender City

NEW ALBANY

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

64989.37

Forgiveness Date

11/24/2020

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