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Rainbow Electric Company Inc. of New

$336,627 PPP Loan in Woodhaven, New York

Loan Details

Loan Number
2180567701
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$336,627
Current Approval
$336,627
Forgiveness Amount
$340,457
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rainbow Electric Company Inc. of New
Address
7618 Rockaway Blvd
City
Woodhaven
State
New York
ZIP Code
11421
Business Type
Subchapter S Corporation
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
NY-07

Loan Use Breakdown

Payroll
$300,000
Rent
$36,627

Lender Information

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

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