PPP Loan information for Rainbow tree company

$3,202,480

Rainbow tree company was initially approved for PPP Loan of amount $3,202,480, the current approved amount is $3,202,480. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 263 jobs and $3,202,480 was used to fund payroll.

Rainbow tree company is Existing or more than 2 years old

PPP Loan Search / MN / MINNETONKA / Rainbow tree company

RAINBOW TREE COMPANY

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAINBOW TREE COMPANY

Borrower Address

11571 K-TEL DRIVE

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55343

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3202480.00

Current Approval Amount

3202480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-0001

CD

MN-03

Jobs Reported

263

NAICS Code

424690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3202480.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

3239219.56

Forgiveness Date

06/11/2021

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