Rainbow City Chicken, Inc.

$98,588 PPP Loan in Rainbow City, Alabama

Loan Details

Loan Number
3428397109
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$98,588
Current Approval
$98,588
Forgiveness Amount
$99,670
Forgiveness Date
May 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rainbow City Chicken, Inc.
Address
3224 Rainbow Dr
State
Alabama
ZIP Code
35906-6202
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Popeyes Louisiana Kitchen
Business Age
Existing or more than 2 years old
Jobs Reported
124
Estimated Revenue
$22.0M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$73,941
Utilities
$12,324
Mortgage Interest
$12,324

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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