PPP Loan information for Under the rainbow early education center

$170,476

Under the rainbow early education center was initially approved for PPP Loan of amount $170,476, the current approved amount is $170,476. The loan was approved on 04/14/2020 by The First Farmers & Merchants Bank reported 20 jobs and $170,476 was used to fund payroll.

Under the rainbow early education center is Existing or more than 2 years old

PPP Loan Search / MN / RED WING / Under the rainbow early education center

UNDER THE RAINBOW EARLY EDUCATION CENTER

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

UNDER THE RAINBOW EARLY EDUCATION CENTER

Borrower Address

555 TECHNOLOGY DR

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-2849

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170476.00

Current Approval Amount

170476.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39034

Servicing Lender Name

First Farmers & Merchants Bank

Servicing Lender Address

920 4th St South

Servicing Lender City

CANNON FALLS

Servicing Lender State

MN

Servicing Lender Zip

55009-2552

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-2849

CD

MN-01

Jobs Reported

20

NAICS Code

624410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

40914.00

Payroll Proceed

129562.00

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

Non-Profit Organization

Originating Lender Location Id

39034

Originating Lender

First Farmers & Merchants Bank

Originating Lender City

CANNON FALLS

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

171749.83

Forgiveness Date

01/19/2021

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