PPP Loan information for Rainbow self storage

$20,000

Rainbow self storage was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 04/27/2020 by The Atlantic Union Bank reported 2 jobs and $20,000 was used to fund payroll.

Rainbow self storage is New Business or 2 years or less

RAINBOW SELF STORAGE

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RAINBOW SELF STORAGE

Borrower Address

282 Kingscote Dr

Borrower City

Lottsburg

Borrower State

VA

Borrower Zip

22551

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Lottsburg

Project County Name

SPOTSYLVANIA

Project State

VA

Project Zip

22551-1836

CD

VA-07

Jobs Reported

2

NAICS Code

531130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

Sole Proprietorship

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20156.11

Forgiveness Date

02/16/2021

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