PPP Loan information for Rainbow purchasing llc

$41,667

Rainbow purchasing llc was initially approved for PPP Loan of amount $41,667, the current approved amount is $41,667. The loan was approved on 04/28/2020 by The Mississippi River Bank reported 2 jobs and $41,667 was used to fund payroll.

Rainbow purchasing llc is Existing or more than 2 years old

RAINBOW PURCHASING LLC

Date Approved

04/28/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

RAINBOW PURCHASING LLC

Borrower Address

1801 N HIGHWAY 190

Borrower City

COVINGTON

Borrower State

LA

Borrower Zip

70433-8970

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41667.00

Current Approval Amount

41667.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28107

Servicing Lender Name

Mississippi River Bank

Servicing Lender Address

8435 Hwy 23

Servicing Lender City

BELLE CHASSE

Servicing Lender State

LA

Servicing Lender Zip

70037-2529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COVINGTON

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70433-8970

CD

LA-01

Jobs Reported

2

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

800.00

Payroll Proceed

40867.00

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

Partnership

Originating Lender Location Id

28107

Originating Lender

Mississippi River Bank

Originating Lender City

BELLE CHASSE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41930.89

Forgiveness Date

12/22/2020

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