PPP Loan information for Rainbow bicycle & fitness inc

$27,500

Rainbow bicycle & fitness inc was initially approved for PPP Loan of amount $27,500, the current approved amount is $27,500. The loan was approved on 04/14/2020 by The Maine Community Bank reported 4 jobs and $27,500 was used to fund payroll.

Rainbow bicycle & fitness inc is Existing or more than 2 years old

PPP Loan Search / ME / LEWISTON / Rainbow bicycle & fitness inc

RAINBOW BICYCLE & FITNESS INC

Date Approved

04/14/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

RAINBOW BICYCLE & FITNESS INC

Borrower Address

97 Lisbon Street

Borrower City

LEWISTON

Borrower State

ME

Borrower Zip

04240

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27500.00

Current Approval Amount

27500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29614

Servicing Lender Name

Maine Community Bank

Servicing Lender Address

254 Main St

Servicing Lender City

BIDDEFORD

Servicing Lender State

ME

Servicing Lender Zip

04005-2400

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEWISTON

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04240-0001

CD

ME-02

Jobs Reported

4

NAICS Code

451110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2600.00

Payroll Proceed

21500.00

Mortgage Interest Proceed

0.00

Rent Proceed

3400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

29614

Originating Lender

Maine Community Bank

Originating Lender City

BIDDEFORD

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27750.56

Forgiveness Date

03/16/2021

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