PPP Loan information for Rainbow montessori inc.

$337,327

Rainbow montessori inc. was initially approved for PPP Loan of amount $337,327, the current approved amount is $337,327. The loan was approved on 04/12/2020 by The Cross River Bank reported 54 jobs and $337,327 was used to fund payroll.

Rainbow montessori inc. is Existing or more than 2 years old

RAINBOW MONTESSORI INC.

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RAINBOW MONTESSORI INC.

Borrower Address

22 Varettoni Place

Borrower City

Clifton

Borrower State

NJ

Borrower Zip

07011-1466

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

337327.00

Current Approval Amount

337327.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clifton

Project County Name

PASSAIC

Project State

NJ

Project Zip

07011-1466

CD

NJ-09

Jobs Reported

54

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

337327.00

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

Non-Profit Organization

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

329344.77

Forgiveness Date

12/04/2020

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