PPP Loan information for Rainbow development llc

$333,053

Rainbow development llc was initially approved for PPP Loan of amount $359,989, the current approved amount is $333,053. The loan was approved on 04/07/2020 by The Eastern Bank reported 30 jobs and $333,053 was used to fund payroll.

Rainbow development llc is Existing or more than 2 years old

PPP Loan Search / MA / HANOVER / Rainbow development llc

RAINBOW DEVELOPMENT LLC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RAINBOW DEVELOPMENT LLC

Borrower Address

COLUMBIA RD

Borrower City

HANOVER

Borrower State

MA

Borrower Zip

02339-2317

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

359989.17

Current Approval Amount

333052.50

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

02339-2317

CD

MA-09

Jobs Reported

30

NAICS Code

811192

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

333052.50

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

336669.82

Forgiveness Date

05/19/2021

;