PPP Loan information for Rainbow community school

$381,118

Rainbow community school was initially approved for PPP Loan of amount $381,118, the current approved amount is $381,118. The loan was approved on 04/16/2020 by The Pinnacle Bank reported 51 jobs and $381,118 was used to fund payroll.

Rainbow community school is Existing or more than 2 years old

PPP Loan Search / NC / ASHEVILLE / Rainbow community school

RAINBOW COMMUNITY SCHOOL

Date Approved

04/16/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RAINBOW COMMUNITY SCHOOL

Borrower Address

574 HAYWOOD RD

Borrower City

ASHEVILLE

Borrower State

NC

Borrower Zip

28806

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

381117.50

Current Approval Amount

381117.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHEVILLE

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28806-0001

CD

NC-11

Jobs Reported

51

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

381117.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

384980.88

Forgiveness Date

04/28/2021

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