PPP Loan information for Rainbow housing assistance corporation

$525,000

Rainbow housing assistance corporation was initially approved for PPP Loan of amount $525,000, the current approved amount is $525,000. The loan was approved on 04/14/2020 by The Heritage Bank of Commerce reported 80 jobs and $525,000 was used to fund payroll.

Rainbow housing assistance corporation is Existing or more than 2 years old

RAINBOW HOUSING ASSISTANCE CORPORATION

Date Approved

04/14/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

RAINBOW HOUSING ASSISTANCE CORPORATION

Borrower Address

18001 N 79th Ave., Ste 72E

Borrower City

GLENDALE

Borrower State

AZ

Borrower Zip

85308

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

525000.00

Current Approval Amount

525000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119056

Servicing Lender Name

Heritage Bank of Commerce

Servicing Lender Address

224 Airport Pkwy

Servicing Lender City

SAN JOSE

Servicing Lender State

CA

Servicing Lender Zip

95110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLENDALE

Project County Name

MARICOPA

Project State

AZ

Project Zip

85308-0001

CD

AZ-08

Jobs Reported

80

NAICS Code

236116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

525000.00

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

119056

Originating Lender

Heritage Bank of Commerce

Originating Lender City

SAN JOSE

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

531343.15

Forgiveness Date

07/09/2021

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