PPP Loan information for Rainbow sign & design inc.

$397,400

Rainbow sign & design inc. was initially approved for PPP Loan of amount $397,400, the current approved amount is $397,400. The loan was approved on 02/24/2021 by The State Bank of Southern Utah reported 53 jobs and $397,400 was used to fund payroll.

Rainbow sign & design inc. is Existing or more than 2 years old

RAINBOW SIGN & DESIGN INC.

Date Approved

02/24/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

RAINBOW SIGN & DESIGN INC.

Borrower Address

451 N Main St

Borrower City

Cedar City

Borrower State

UT

Borrower Zip

84721-6141

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

397400.00

Current Approval Amount

397400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72214

Servicing Lender Name

State Bank of Southern Utah

Servicing Lender Address

377 N Main St

Servicing Lender City

CEDAR CITY

Servicing Lender State

UT

Servicing Lender Zip

84721-2639

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cedar City

Project County Name

IRON

Project State

UT

Project Zip

84721-6141

CD

UT-02

Jobs Reported

53

NAICS Code

339950

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

397397.00

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

Corporation

Originating Lender Location Id

72214

Originating Lender

State Bank of Southern Utah

Originating Lender City

CEDAR CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

400361.45

Forgiveness Date

11/26/2021

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