PPP Loan information for Rainbow transmission & auto center inc.

$126,913

Rainbow transmission & auto center inc. was initially approved for PPP Loan of amount $126,913, the current approved amount is $126,913. The loan was approved on 04/15/2020 by The Ocean Bank reported 12 jobs and $126,913 was used to fund payroll.

Rainbow transmission & auto center inc. is Existing or more than 2 years old

PPP Loan Search / FL / HIALEAH / Rainbow transmission & auto center inc.

RAINBOW TRANSMISSION & AUTO CENTER INC.

Date Approved

04/15/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

RAINBOW TRANSMISSION & AUTO CENTER INC.

Borrower Address

721 W 27th Street

Borrower City

HIALEAH

Borrower State

FL

Borrower Zip

33010-1215

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126912.50

Current Approval Amount

126912.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17414

Servicing Lender Name

Ocean Bank

Servicing Lender Address

780 NW 42nd Ave

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33126-5540

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIALEAH

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33010-1215

CD

FL-26

Jobs Reported

12

NAICS Code

811113

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

126912.50

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

17414

Originating Lender

Ocean Bank

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127934.75

Forgiveness Date

02/16/2021

;