Rainbow of Challenges, INC

$1,852,700 PPP Loan in Hope, Arkansas

Loan Details

Loan Number
1278427110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,852,700
Current Approval
$1,852,700
Forgiveness Amount
$1,872,977
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rainbow of Challenges, INC
Address
500 South Main St
City
Hope
ZIP Code
71801-5206
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623210)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$1,852,700

Lender Information

Servicing Lender
Bank of Delight
Originating Lender
Bank of Delight

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