Rainbow 2000, Inc.

$496,501 PPP Loan in Clio, Michigan

Loan Details

Loan Number
1882417702
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$496,501
Current Approval
$496,501
Forgiveness Amount
$501,380
Forgiveness Date
Apr 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rainbow 2000, Inc.
Address
12219 N Saginaw Rd
City
Clio
ZIP Code
48420
Industry (NAICS)
Other Services (except Public Administration) (811112)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$8.4M
Rural/Urban
Urban
Congressional District
MI-08

Loan Use Breakdown

Payroll
$372,376
Rent
$75,351
Utilities
$23,774
Health Care
$25,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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