PPP Loan information for Raindrops, inc.

$90,400

Raindrops, inc. was initially approved for PPP Loan of amount $90,400, the current approved amount is $90,400. The loan was approved on 04/15/2020 by The Bank of the Southwest reported 5 jobs and $90,400 was used to fund payroll.

Raindrops, inc. is New Business or 2 years or less

PPP Loan Search / NM / FARMINGTON / Raindrops, inc.

RAINDROPS, INC.

Date Approved

04/15/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

RAINDROPS, INC.

Borrower Address

4001-A East Main St

Borrower City

FARMINGTON

Borrower State

NM

Borrower Zip

87402

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90400.00

Current Approval Amount

90400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46008

Servicing Lender Name

Bank of the Southwest

Servicing Lender Address

226 N Main St

Servicing Lender City

ROSWELL

Servicing Lender State

NM

Servicing Lender Zip

88201-4723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FARMINGTON

Project County Name

SAN JUAN

Project State

NM

Project Zip

87402-0002

CD

NM-03

Jobs Reported

5

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

90400.00

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

46008

Originating Lender

Bank of the Southwest

Originating Lender City

ROSWELL

Originating Lender State

NM

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91316.38

Forgiveness Date

04/23/2021

;