PPP Loan information for Rainbow subs, inc.

$12,080

Rainbow subs, inc. was initially approved for PPP Loan of amount $12,080, the current approved amount is $12,080. The loan was approved on 04/14/2020 by The Investar Bank, National Association reported 5 jobs and $12,080 was used to fund payroll.

Rainbow subs, inc. is New Business or 2 years or less

RAINBOW SUBS, INC.

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RAINBOW SUBS, INC.

Borrower Address

3405 RAINBOW DR

Borrower City

RAINBOW CITY

Borrower State

AL

Borrower Zip

35906-6215

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12079.55

Current Approval Amount

12079.55

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

442411

Servicing Lender Name

Investar Bank, National Association

Servicing Lender Address

7244 Perkins Rd

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70808-4323

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RAINBOW CITY

Project County Name

ETOWAH

Project State

AL

Project Zip

35906-6215

CD

AL-04

Jobs Reported

5

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12079.55

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

442411

Originating Lender

Investar Bank, National Association

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

12185.58

Forgiveness Date

03/01/2021

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