PPP Loan information for The rainbow connection

$115,500

The rainbow connection was initially approved for PPP Loan of amount $115,500, the current approved amount is $115,500. The loan was approved on 04/07/2020 by The Waterford Bank, National Association reported 9 jobs and $115,500 was used to fund payroll.

The rainbow connection is Existing or more than 2 years old

PPP Loan Search / MI / ROCHESTER / The rainbow connection

THE RAINBOW CONNECTION

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE RAINBOW CONNECTION

Borrower Address

621 W. UNIVERSITY DR

Borrower City

ROCHESTER

Borrower State

MI

Borrower Zip

48307-1858

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115500.00

Current Approval Amount

115500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OAKLAND

Project State

MI

Project Zip

48307-1858

CD

MI-10

Jobs Reported

9

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

721.00

Payroll Proceed

112831.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1948.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

116468.92

Forgiveness Date

02/11/2021

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