PPP Loan information for Rainbow cinemas llc

$84,732

Rainbow cinemas llc was initially approved for PPP Loan of amount $84,732, the current approved amount is $84,732. The loan was approved on 04/11/2020 by The Cadence Bank reported 40 jobs and $84,732 was used to fund payroll.

Rainbow cinemas llc is Existing or more than 2 years old

PPP Loan Search / AL / Madison / Rainbow cinemas llc

RAINBOW CINEMAS LLC

Date Approved

04/11/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RAINBOW CINEMAS LLC

Borrower Address

2100 Hughes Rd

Borrower City

Madison

Borrower State

AL

Borrower Zip

35758-6430

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84732.00

Current Approval Amount

84732.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison

Project County Name

MADISON

Project State

AL

Project Zip

35758-6430

CD

AL-05

Jobs Reported

40

NAICS Code

512131

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

84732.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

84624.69

Forgiveness Date

03/31/2021

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