Rainbow, Inc.
$2,488,500 PPP Loan in Minneapolis, Minnesota
Loan Details
- Loan Number
- 2842547107
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,488,500
- Current Approval
- $2,488,500
- Forgiveness Amount
- $2,517,203
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rainbow, Inc.
- Address
- 7324 36th Ave N
- City
- Minneapolis
- State
- Minnesota
- ZIP Code
- 55427-2001
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238320)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 105
- Estimated Revenue
- $26.5M
- Rural/Urban
- Urban
- Congressional District
- MN-05
Loan Use Breakdown
- Payroll
- $2,488,500
Lender Information
- Servicing Lender
- Associated Bank, National Association
- Originating Lender
- Associated Bank, National Association
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|---|---|---|
| Adams Communications Company, LLC | $10,000,000 | |
| Young Mens Christian Association of the North | $10,000,000 | |
| Border Foods INC | $10,000,000 | |
| Fredrikson & Byron, P.a. | $10,000,000 | |
| Salo, LLC | $10,000,000 |
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