PPP Loan information for Rainbow ventures, inc.

$34,900

Rainbow ventures, inc. was initially approved for PPP Loan of amount $34,900, the current approved amount is $34,900. The loan was approved on 04/06/2020 by The The Stephenson National Bank and Trust reported 4 jobs and $34,900 was used to fund payroll.

Rainbow ventures, inc. is Existing or more than 2 years old

PPP Loan Search / MI / STEPHENSON / Rainbow ventures, inc.

RAINBOW VENTURES, INC.

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAINBOW VENTURES, INC.

Borrower Address

8077 US HIGHWAY 41

Borrower City

STEPHENSON

Borrower State

MI

Borrower Zip

49887-9009

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34900.00

Current Approval Amount

34900.00

Undisbursed Amount

0.00

Franchise Name

True Value Company LLC - Member Agreement

Servicing Lender Location Id

76260

Servicing Lender Name

The Stephenson National Bank and Trust

Servicing Lender Address

1820 Hall Ave

Servicing Lender City

MARINETTE

Servicing Lender State

WI

Servicing Lender Zip

54143-1715

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STEPHENSON

Project County Name

MENOMINEE

Project State

MI

Project Zip

49887-9009

CD

MI-01

Jobs Reported

4

NAICS Code

444130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

33900.00

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

76260

Originating Lender

The Stephenson National Bank and Trust

Originating Lender City

MARINETTE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35128.79

Forgiveness Date

12/09/2020

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