PPP Loan information for Rainbow ryders inc.

$360,284

Rainbow ryders inc. was initially approved for PPP Loan of amount $360,284, the current approved amount is $360,284. The loan was approved on 02/07/2021 by The New Mexico Bank & Trust reported 28 jobs and $360,284 was used to fund payroll.

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

PPP Loan Search / NM / Albuquerque / Rainbow ryders inc.

RAINBOW RYDERS INC.

Date Approved

02/07/2021

SBA Office Code

0682

Processing Method

PPS

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

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

360284.00

Current Approval Amount

360284.00

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

28

NAICS Code

713990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

360279.00

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

362781.31

Forgiveness Date

10/25/2021

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