PPP Loan information for Rainbow development llc

$225,670

Rainbow development llc was initially approved for PPP Loan of amount $225,670, the current approved amount is $225,670. The loan was approved on 02/25/2021 by The Eastern Bank reported 69 jobs and $225,670 was used to fund payroll.

Rainbow development llc is Existing or more than 2 years old

RAINBOW DEVELOPMENT LLC

Date Approved

02/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

RAINBOW DEVELOPMENT LLC

Borrower Address

439 Columbia Rd Ste 201

Borrower City

Hanover

Borrower State

MA

Borrower Zip

02339-2393

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

225670.00

Current Approval Amount

225670.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hanover

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02339-2393

CD

MA-09

Jobs Reported

69

NAICS Code

811121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

225663.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

227425.21

Forgiveness Date

12/06/2021

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