PPP Loan information for Rainbow building co

$65,000

Rainbow building co was initially approved for PPP Loan of amount $65,000, the current approved amount is $65,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 5 jobs and $65,000 was used to fund payroll.

Rainbow building co is Existing or more than 2 years old

RAINBOW BUILDING CO

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RAINBOW BUILDING CO

Borrower Address

47539 GOLDRIDGE LN

Borrower City

MACOMB

Borrower State

MI

Borrower Zip

48044

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65000.00

Current Approval Amount

65000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MACOMB

Project County Name

MACOMB

Project State

MI

Project Zip

48044-0899

CD

MI-09

Jobs Reported

5

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60400.00

Mortgage Interest Proceed

0.00

Rent Proceed

4600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60360.97

Forgiveness Date

12/09/2020

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