PPP Loan information for Rainbow chemicals company

$70,600

Rainbow chemicals company was initially approved for PPP Loan of amount $70,600, the current approved amount is $70,600. The loan was approved on 04/07/2020 by The Lake Forest Bank & Trust Company, National Association reported 4 jobs and $70,600 was used to fund payroll.

Rainbow chemicals company is Existing or more than 2 years old

PPP Loan Search / IL / NORTHBROOK / Rainbow chemicals company

RAINBOW CHEMICALS COMPANY

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

RAINBOW CHEMICALS COMPANY

Borrower Address

910 SKOKIE BLVD Suite 208

Borrower City

NORTHBROOK

Borrower State

IL

Borrower Zip

60062-4000

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70600.00

Current Approval Amount

70600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHBROOK

Project County Name

COOK

Project State

IL

Project Zip

60062-4000

CD

IL-10

Jobs Reported

4

NAICS Code

541618

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

882.50

Payroll Proceed

52950.00

Mortgage Interest Proceed

0.00

Rent Proceed

16767.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71145.19

Forgiveness Date

01/20/2021

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