PPP Loan information for Rainbow, inc.

$2,488,500

Rainbow, inc. was initially approved for PPP Loan of amount $2,488,500, the current approved amount is $2,488,500. The loan was approved on 04/11/2020 by The Associated Bank, National Association reported 105 jobs and $2,488,500 was used to fund payroll.

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

PPP Loan Search / MN / MINNEAPOLIS / Rainbow, inc.

RAINBOW, INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAINBOW, INC.

Borrower Address

7324 36TH AVE N

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55427-2001

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2488500.00

Current Approval Amount

2488500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75939

Servicing Lender Name

Associated Bank, National Association

Servicing Lender Address

200 N Adams St

Servicing Lender City

GREEN BAY

Servicing Lender State

WI

Servicing Lender Zip

54301-5142

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55427-2001

CD

MN-05

Jobs Reported

105

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2488500.00

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

Subchapter S Corporation

Originating Lender Location Id

75939

Originating Lender

Associated Bank, National Association

Originating Lender City

GREEN BAY

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2517202.97

Forgiveness Date

06/11/2021

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