PPP Loan information for Rainbow family ministries

$69,900

Rainbow family ministries was initially approved for PPP Loan of amount $69,900, the current approved amount is $69,900. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 14 jobs and $69,900 was used to fund payroll.

Rainbow family ministries is Existing or more than 2 years old

PPP Loan Search / MD / Silver Spring / Rainbow family ministries

RAINBOW FAMILY MINISTRIES

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

RAINBOW FAMILY MINISTRIES

Borrower Address

2120-A Industrial Parkway

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20904

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69900.00

Current Approval Amount

69900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20904-0080

CD

MD-04

Jobs Reported

14

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55980.00

Mortgage Interest Proceed

0.00

Rent Proceed

13920.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

70436.22

Forgiveness Date

02/01/2021

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