PPP Loan information for Rainbow land learning center inc

$533,168

Rainbow land learning center inc was initially approved for PPP Loan of amount $533,168, the current approved amount is $533,168. The loan was approved on 06/17/2020 by The Santander Bank, National Association reported 68 jobs and $533,168 was used to fund payroll.

Rainbow land learning center inc is Existing or more than 2 years old

PPP Loan Search / NJ / NEWARK / Rainbow land learning center inc

RAINBOW LAND LEARNING CENTER INC

Date Approved

06/17/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RAINBOW LAND LEARNING CENTER INC

Borrower Address

67 - 71 Somme Street

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07105

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

533167.50

Current Approval Amount

533167.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-0001

CD

NJ-08

Jobs Reported

68

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

533167.50

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

Corporation

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

538630.64

Forgiveness Date

07/02/2021

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