PPP Loan information for Rainbow child development center, inc.

$216,400

Rainbow child development center, inc. was initially approved for PPP Loan of amount $216,400, the current approved amount is $216,400. The loan was approved on 04/09/2020 by The Webster Five Cents Savings Bank reported 27 jobs and $216,400 was used to fund payroll.

Rainbow child development center, inc. is Existing or more than 2 years old

PPP Loan Search / MA / WORCESTER / Rainbow child development center, inc.

RAINBOW CHILD DEVELOPMENT CENTER, INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RAINBOW CHILD DEVELOPMENT CENTER, INC.

Borrower Address

10 EDWARD ST

Borrower City

WORCESTER

Borrower State

MA

Borrower Zip

01605-2943

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

216400.00

Current Approval Amount

216400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33428

Servicing Lender Name

Webster Five Cents Savings Bank

Servicing Lender Address

136 Thompson Rd

Servicing Lender City

WEBSTER

Servicing Lender State

MA

Servicing Lender Zip

01570-1416

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WORCESTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01605-2943

CD

MA-02

Jobs Reported

27

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

216400.00

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

33428

Originating Lender

Webster Five Cents Savings Bank

Originating Lender City

WEBSTER

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

218065.08

Forgiveness Date

01/20/2021

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