Rainbow Tape and Label, Inc.

$51,700 PPP Loan in Romulus, Michigan

Loan Details

Loan Number
2835387305
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$51,700
Current Approval
$51,700
Forgiveness Amount
$52,191
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rainbow Tape and Label, Inc.
Address
11600 Wayne Rd
ZIP Code
48174-1462
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (323111)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$41,411
Mortgage Interest
$10,289

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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