PPP Loan information for Rainbow child development center inc.

$438,490

Rainbow child development center inc. was initially approved for PPP Loan of amount $438,490, the current approved amount is $438,490. The loan was approved on 01/21/2021 by The WesBanco Bank, Inc. reported 45 jobs and $438,490 was used to fund payroll.

Rainbow child development center inc. is Existing or more than 2 years old

PPP Loan Search / MD / Bowie / Rainbow child development center inc.

RAINBOW CHILD DEVELOPMENT CENTER INC.

Date Approved

01/21/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

RAINBOW CHILD DEVELOPMENT CENTER INC.

Borrower Address

8921 Race Track Rd

Borrower City

Bowie

Borrower State

MD

Borrower Zip

20715-3313

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

438490.40

Current Approval Amount

438490.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bowie

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20715-3313

CD

MD-05

Jobs Reported

45

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

438488.40

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

Corporation

Originating Lender Location Id

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

440965.17

Forgiveness Date

08/18/2021

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