PPP Loan information for Rainbow telecommunications association, inc

$784,900

Rainbow telecommunications association, inc was initially approved for PPP Loan of amount $784,900, the current approved amount is $784,900. The loan was approved on 04/13/2020 by The Commerce Bank reported 49 jobs and $784,900 was used to fund payroll.

Rainbow telecommunications association, inc is Existing or more than 2 years old

PPP Loan Search / KS / EVEREST / Rainbow telecommunications association, inc

RAINBOW TELECOMMUNICATIONS ASSOCIATION, INC

Date Approved

04/13/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

RAINBOW TELECOMMUNICATIONS ASSOCIATION, INC

Borrower Address

618 Main Street

Borrower City

EVEREST

Borrower State

KS

Borrower Zip

66424-9136

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

784900.00

Current Approval Amount

784900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EVEREST

Project County Name

BROWN

Project State

KS

Project Zip

66424-9136

CD

KS-02

Jobs Reported

49

NAICS Code

561421

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

28968.00

Payroll Proceed

716682.00

Mortgage Interest Proceed

36000.00

Rent Proceed

3250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

795234.52

Forgiveness Date

08/05/2021

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