PPP Loan information for Rainbow motel inc

$6,400

Rainbow motel inc was initially approved for PPP Loan of amount $6,400, the current approved amount is $6,400. The loan was approved on 04/07/2020 by The Kennebunk Savings Bank reported 1 jobs and $6,400 was used to fund payroll.

Rainbow motel inc is Existing or more than 2 years old

RAINBOW MOTEL INC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RAINBOW MOTEL INC

Borrower Address

845 Hartford Turnpike

Borrower City

SHREWSBURY

Borrower State

MA

Borrower Zip

01545-4148

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6400.00

Current Approval Amount

6400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29702

Servicing Lender Name

Kennebunk Savings Bank

Servicing Lender Address

104 Main St

Servicing Lender City

KENNEBUNK

Servicing Lender State

ME

Servicing Lender Zip

04043-7023

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHREWSBURY

Project County Name

WORCESTER

Project State

MA

Project Zip

01545-4148

CD

MA-02

Jobs Reported

1

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

29702

Originating Lender

Kennebunk Savings Bank

Originating Lender City

KENNEBUNK

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2900.10

Forgiveness Date

07/02/2021

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