PPP Loan information for Rainbow ryders, inc.

$360,200

Rainbow ryders, inc. was initially approved for PPP Loan of amount $360,200, the current approved amount is $360,200. The loan was approved on 04/11/2020 by The New Mexico Bank & Trust reported 26 jobs and $360,200 was used to fund payroll.

Rainbow ryders, inc. is Existing or more than 2 years old

RAINBOW RYDERS, INC.

Date Approved

04/11/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

RAINBOW RYDERS, INC.

Borrower Address

5601 EAGLE ROCK AVE NE

Borrower City

ALBUQUERQUE

Borrower State

NM

Borrower Zip

87113-1765

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

360200.00

Current Approval Amount

360200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122820

Servicing Lender Name

New Mexico Bank & Trust

Servicing Lender Address

320 Gold SW, Ste 100

Servicing Lender City

ALBUQUERQUE

Servicing Lender State

NM

Servicing Lender Zip

87102-3240

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBUQUERQUE

Project County Name

BERNALILLO

Project State

NM

Project Zip

87113-1765

CD

NM-01

Jobs Reported

26

NAICS Code

713990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

360200.00

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

122820

Originating Lender

New Mexico Bank & Trust

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

364650.69

Forgiveness Date

07/13/2021

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