PPP Loan information for Rainbow realty inc

$5,000

Rainbow realty inc was initially approved for PPP Loan of amount $5,000, the current approved amount is $5,000. The loan was approved on 02/01/2021 by The Magnolia Bank Incorporated reported 1 jobs and $5,000 was used to fund payroll.

Rainbow realty inc is Existing or more than 2 years old

PPP Loan Search / KY / Elizabethtown / Rainbow realty inc

RAINBOW REALTY INC

Date Approved

02/01/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

RAINBOW REALTY INC

Borrower Address

509 N Mulberry St

Borrower City

Elizabethtown

Borrower State

KY

Borrower Zip

42701-1856

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5000.00

Current Approval Amount

5000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27585

Servicing Lender Name

Magnolia Bank Incorporated

Servicing Lender Address

651 W Dixie Ave

Servicing Lender City

Elizabethtown

Servicing Lender State

KY

Servicing Lender Zip

42701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Elizabethtown

Project County Name

HARDIN

Project State

KY

Project Zip

42701-1856

CD

KY-02

Jobs Reported

1

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

4998.00

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

Corporation

Originating Lender Location Id

27585

Originating Lender

Magnolia Bank Incorporated

Originating Lender City

Elizabethtown

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5018.06

Forgiveness Date

06/15/2021

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