PPP Loan information for Rainbow cleaners & dyers inc

$100,000

Rainbow cleaners & dyers inc was initially approved for PPP Loan of amount $66,500, the current approved amount is $100,000. The loan was approved on 01/23/2021 by The Ion Bank reported 11 jobs and $100,000 was used to fund payroll.

Rainbow cleaners & dyers inc is Existing or more than 2 years old

PPP Loan Search / CT / Hamden / Rainbow cleaners & dyers inc

RAINBOW CLEANERS & DYERS INC

Date Approved

01/23/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

RAINBOW CLEANERS & DYERS INC

Borrower Address

2600 Whitney Ave

Borrower City

Hamden

Borrower State

CT

Borrower Zip

06518-3033

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

66500.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hamden

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06518-3033

CD

CT-03

Jobs Reported

11

NAICS Code

812320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

99996.00

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

Corporation

Originating Lender Location Id

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

101213.70

Forgiveness Date

05/23/2022

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