PPP Loan information for Rainbow distributing company, inc

$45,000

Rainbow distributing company, inc was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 04/09/2020 by The Berkshire Bank reported 7 jobs and $45,000 was used to fund payroll.

Rainbow distributing company, inc is Existing or more than 2 years old

RAINBOW DISTRIBUTING COMPANY, INC

Date Approved

04/09/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

RAINBOW DISTRIBUTING COMPANY, INC

Borrower Address

39 Victoria Lane

Borrower City

LANESBOROUGH

Borrower State

MA

Borrower Zip

01237-9607

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANESBOROUGH

Project County Name

BERKSHIRE

Project State

MA

Project Zip

01237-9607

CD

MA-01

Jobs Reported

7

NAICS Code

424490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18100.00

Mortgage Interest Proceed

0.00

Rent Proceed

26900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45396.99

Forgiveness Date

03/09/2021

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