PPP Loan information for Rainbow resort, inc

$40,040

Rainbow resort, inc was initially approved for PPP Loan of amount $40,040, the current approved amount is $40,040. The loan was approved on 01/16/2021 by The Midwest Bank reported 11 jobs and $40,040 was used to fund payroll.

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

PPP Loan Search / MN / Plymouth / Rainbow resort, inc

RAINBOW RESORT, INC

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RAINBOW RESORT, INC

Borrower Address

4830 Yorktown Ln N

Borrower City

Plymouth

Borrower State

MN

Borrower Zip

55442-2210

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40040.00

Current Approval Amount

40040.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

HENNEPIN

Project State

MN

Project Zip

55442-2210

CD

MN-03

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40035.00

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

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40279.14

Forgiveness Date

08/30/2021

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