PPP Loan information for China rainbow inc

$8,400

China rainbow inc was initially approved for PPP Loan of amount $8,400, the current approved amount is $8,400. The loan was approved on 02/10/2021 by The Citizens Bank, National Association reported 2 jobs and $8,400 was used to fund payroll.

China rainbow inc is Existing or more than 2 years old

CHINA RAINBOW INC

Date Approved

02/10/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CHINA RAINBOW INC

Borrower Address

36 North Beacon St

Borrower City

Watertown

Borrower State

MA

Borrower Zip

02472-2613

Loan Status Date

09/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8400.00

Current Approval Amount

8400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Watertown

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02472-2613

CD

MA-05

Jobs Reported

2

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

8398.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8527.50

Forgiveness Date

08/25/2022

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