Rainbow Courts Motel & Apartments

$29,500 PPP Loan in Rockdale, Texas

Loan Details

Loan Number
4300687304
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$29,500
Current Approval
$29,500
Forgiveness Amount
$29,683
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rainbow Courts Motel & Apartments
Address
915 E Cameron Avenue
State
Texas
ZIP Code
76567
Business Type
Sole Proprietorship
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-17

Loan Use Breakdown

Payroll
$22,125
Utilities
$4,000
Mortgage Interest
$3,375

Lender Information

Servicing Lender
First Texas Bank
Originating Lender
First Texas Bank

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