PPP Loan information for Rainbow resort, inc

$22,500

Rainbow resort, inc was initially approved for PPP Loan of amount $22,500, the current approved amount is $22,500. The loan was approved on 04/04/2020 by The Midwest Bank reported 15 jobs and $22,500 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

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAINBOW RESORT, INC

Borrower Address

4830 Yorktown Lane North

Borrower City

Plymouth

Borrower State

MN

Borrower Zip

55442-2210

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22500.00

Current Approval Amount

22500.00

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

15

NAICS Code

721214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22500.00

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

22641.16

Forgiveness Date

11/27/2020

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