PPP Loan information for Rainbow optics p.c.

$503,065

Rainbow optics p.c. was initially approved for PPP Loan of amount $503,065, the current approved amount is $503,065. The loan was approved on 01/22/2021 by The Umpqua Bank reported 51 jobs and $503,065 was used to fund payroll.

Rainbow optics p.c. is Existing or more than 2 years old

RAINBOW OPTICS P.C.

Date Approved

01/22/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

RAINBOW OPTICS P.C.

Borrower Address

762 E 13th Ave

Borrower City

Eugene

Borrower State

OR

Borrower Zip

97401-3778

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

503065.00

Current Approval Amount

503065.00

Undisbursed Amount

0.00

Franchise Name

Vision Source

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Eugene

Project County Name

LANE

Project State

OR

Project Zip

97401-3778

CD

OR-04

Jobs Reported

51

NAICS Code

621320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

503064.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

505339.13

Forgiveness Date

07/13/2021

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