PPP Loan information for Rainbow tape and label, inc.

$51,700

Rainbow tape and label, inc. was initially approved for PPP Loan of amount $51,700, the current approved amount is $51,700. The loan was approved on 04/29/2020 by The Comerica Bank reported 4 jobs and $51,700 was used to fund payroll.

Rainbow tape and label, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Romulus / Rainbow tape and label, inc.

RAINBOW TAPE AND LABEL, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAINBOW TAPE AND LABEL, INC.

Borrower Address

11600 Wayne Rd

Borrower City

Romulus

Borrower State

MI

Borrower Zip

48174-1462

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51700.00

Current Approval Amount

51700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Romulus

Project County Name

WAYNE

Project State

MI

Project Zip

48174-1462

CD

MI-13

Jobs Reported

4

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41411.20

Mortgage Interest Proceed

10288.80

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52191.15

Forgiveness Date

04/08/2021

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