PPP Loan information for Rainbow omega, inc

$860,300

Rainbow omega, inc was initially approved for PPP Loan of amount $860,300, the current approved amount is $860,300. The loan was approved on 04/27/2020 by The Metro Bank reported 118 jobs and $860,300 was used to fund payroll.

Rainbow omega, inc is Existing or more than 2 years old

RAINBOW OMEGA, INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RAINBOW OMEGA, INC

Borrower Address

100 HOPE DR

Borrower City

EASTABOGA

Borrower State

AL

Borrower Zip

36260-7363

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

860300.00

Current Approval Amount

860300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112867

Servicing Lender Name

Metro Bank

Servicing Lender Address

800 Martin St South

Servicing Lender City

PELL CITY

Servicing Lender State

AL

Servicing Lender Zip

35128-2133

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EASTABOGA

Project County Name

TALLADEGA

Project State

AL

Project Zip

36260-7363

CD

AL-03

Jobs Reported

118

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

860300.00

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

112867

Originating Lender

Metro Bank

Originating Lender City

PELL CITY

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

865605.18

Forgiveness Date

12/08/2020

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