PPP Loan information for Rainbow optics pc

$503,066

Rainbow optics pc was initially approved for PPP Loan of amount $503,066, the current approved amount is $503,066. The loan was approved on 04/28/2020 by The Umpqua Bank reported 34 jobs and $503,066 was used to fund payroll.

Rainbow optics pc is Existing or more than 2 years old

RAINBOW OPTICS PC

Date Approved

04/28/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

RAINBOW OPTICS PC

Borrower Address

762 E 13TH AVE

Borrower City

EUGENE

Borrower State

OR

Borrower Zip

97401-3778

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

503066.00

Current Approval Amount

503066.00

Undisbursed Amount

0.00

Franchise Name

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

34

NAICS Code

621320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

503066.00

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

495767.73

Forgiveness Date

11/23/2020

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