PPP Loan information for Rainbow play systems

$155,528

Rainbow play systems was initially approved for PPP Loan of amount $155,528, the current approved amount is $155,528. The loan was approved on 04/09/2020 by The VisionBank of Iowa reported 12 jobs and $155,528 was used to fund payroll.

Rainbow play systems is Unanswered

RAINBOW PLAY SYSTEMS

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RAINBOW PLAY SYSTEMS

Borrower Address

3300 SE Crossroads Dr

Borrower City

GRIMES

Borrower State

IA

Borrower Zip

50111-4870

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155528.00

Current Approval Amount

155528.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25336

Servicing Lender Name

VisionBank of Iowa

Servicing Lender Address

104 Chestnut St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-8058

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

GRIMES

Project County Name

POLK

Project State

IA

Project Zip

50111-4870

CD

IA-03

Jobs Reported

12

NAICS Code

451110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3528.00

Payroll Proceed

140000.00

Mortgage Interest Proceed

12000.00

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

25336

Originating Lender

VisionBank of Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

156707.42

Forgiveness Date

01/14/2021

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