PPP Loan information for Rainbow properties inc

$14,200

Rainbow properties inc was initially approved for PPP Loan of amount $14,200, the current approved amount is $14,200. The loan was approved on 03/25/2021 by The Freedom Bank reported 5 jobs and $14,200 was used to fund payroll.

Rainbow properties inc is Existing or more than 2 years old

RAINBOW PROPERTIES INC

Date Approved

03/25/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RAINBOW PROPERTIES INC

Borrower Address

536 Elm St

Borrower City

Rockport

Borrower State

IN

Borrower Zip

47635-1428

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14200.00

Current Approval Amount

14200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124098

Servicing Lender Name

Freedom Bank

Servicing Lender Address

1405 N Main St

Servicing Lender City

HUNTINGBURG

Servicing Lender State

IN

Servicing Lender Zip

47542-9096

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockport

Project County Name

SPENCER

Project State

IN

Project Zip

47635-1428

CD

IN-08

Jobs Reported

5

NAICS Code

721191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

14198.00

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

124098

Originating Lender

Freedom Bank

Originating Lender City

HUNTINGBURG

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

14237.47

Forgiveness Date

06/30/2021

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