PPP Loan information for The rainbow shop inc

$14,500

The rainbow shop inc was initially approved for PPP Loan of amount $14,500, the current approved amount is $14,500. The loan was approved on 02/25/2021 by The Bravera Bank reported 7 jobs and $14,500 was used to fund payroll.

The rainbow shop inc is Existing or more than 2 years old

THE RAINBOW SHOP INC

Date Approved

02/25/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

THE RAINBOW SHOP INC

Borrower Address

551 S 7th St

Borrower City

Bismarck

Borrower State

ND

Borrower Zip

58504-5859

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

14500.00

Current Approval Amount

14500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52678

Servicing Lender Name

Bravera Bank

Servicing Lender Address

220 1st Ave West

Servicing Lender City

DICKINSON

Servicing Lender State

ND

Servicing Lender Zip

58601-5104

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bismarck

Project County Name

BURLEIGH

Project State

ND

Project Zip

58504-5859

CD

ND-

Jobs Reported

7

NAICS Code

453998

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

14498.00

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

52678

Originating Lender

Bravera Bank

Originating Lender City

DICKINSON

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14547.27

Forgiveness Date

06/29/2021

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