PPP Loan information for Rainbow paper sales inc

$301,455

Rainbow paper sales inc was initially approved for PPP Loan of amount $301,455, the current approved amount is $301,455. The loan was approved on 04/27/2020 by The Community Federal Savings Bank reported 50 jobs and $301,455 was used to fund payroll.

Rainbow paper sales inc is Existing or more than 2 years old

PPP Loan Search / NY / BROOKLYN / Rainbow paper sales inc

RAINBOW PAPER SALES INC

Date Approved

04/27/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

RAINBOW PAPER SALES INC

Borrower Address

1465 38TH STREET Street Address 2

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11218-3613

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

301455.00

Current Approval Amount

301455.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225775

Servicing Lender Name

Community Federal Savings Bank

Servicing Lender Address

89-16 Jamaica Ave

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

11421-2040

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11218-3613

CD

NY-09

Jobs Reported

50

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

301455.00

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

Subchapter S Corporation

Originating Lender Location Id

225775

Originating Lender

Community Federal Savings Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

305114.33

Forgiveness Date

07/20/2021

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