PPP Loan information for Rainbow recovery center inc.

$107,109

Rainbow recovery center inc. was initially approved for PPP Loan of amount $107,109, the current approved amount is $107,109. The loan was approved on 04/15/2020 by The Mercer County State Bank reported 13 jobs and $107,109 was used to fund payroll.

Rainbow recovery center inc. is Existing or more than 2 years old

PPP Loan Search / PA / SHARON / Rainbow recovery center inc.

RAINBOW RECOVERY CENTER INC.

Date Approved

04/15/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

RAINBOW RECOVERY CENTER INC.

Borrower Address

912 E ST

Borrower City

SHARON

Borrower State

PA

Borrower Zip

16146-3361

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107109.00

Current Approval Amount

107109.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65267

Servicing Lender Name

Mercer County State Bank

Servicing Lender Address

3279 S Main St

Servicing Lender City

SANDY LAKE

Servicing Lender State

PA

Servicing Lender Zip

16145

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHARON

Project County Name

MERCER

Project State

PA

Project Zip

16146-3361

CD

PA-16

Jobs Reported

13

NAICS Code

621420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11109.00

Payroll Proceed

86000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

65267

Originating Lender

Mercer County State Bank

Originating Lender City

SANDY LAKE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

107692.15

Forgiveness Date

11/03/2020

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