PPP Loan information for Rainbow minnesota llc

$198,300

Rainbow minnesota llc was initially approved for PPP Loan of amount $198,300, the current approved amount is $198,300. The loan was approved on 04/16/2020 by The First Bank & Trust reported 19 jobs and $198,300 was used to fund payroll.

Rainbow minnesota llc is Existing or more than 2 years old

RAINBOW MINNESOTA LLC

Date Approved

04/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAINBOW MINNESOTA LLC

Borrower Address

900 WEST 80TH ST

Borrower City

BLOOMINGTON

Borrower State

MN

Borrower Zip

55470

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198300.00

Current Approval Amount

198300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66463

Servicing Lender Name

First Bank & Trust

Servicing Lender Address

520 6th St

Servicing Lender City

BROOKINGS

Servicing Lender State

SD

Servicing Lender Zip

57006-2028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

HENNEPIN

Project State

MN

Project Zip

55470-1900

CD

MN-05

Jobs Reported

19

NAICS Code

451110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

198300.00

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

66463

Originating Lender

First Bank & Trust

Originating Lender City

BROOKINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

199831.32

Forgiveness Date

01/26/2021

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