PPP Loan information for Rainbow supplies inc

$304,605

Rainbow supplies inc was initially approved for PPP Loan of amount $304,605, the current approved amount is $304,605. The loan was approved on 01/25/2021 by The South Shore Bank reported 19 jobs and $304,605 was used to fund payroll.

Rainbow supplies inc is Existing or more than 2 years old

PPP Loan Search / MA / Braintree / Rainbow supplies inc

RAINBOW SUPPLIES INC

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

RAINBOW SUPPLIES INC

Borrower Address

101 Messina Dr

Borrower City

Braintree

Borrower State

MA

Borrower Zip

02184-6703

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

304605.00

Current Approval Amount

304605.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Braintree

Project County Name

NORFOLK

Project State

MA

Project Zip

02184-6703

CD

MA-08

Jobs Reported

19

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

304602.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

306720.31

Forgiveness Date

10/06/2021

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