Under the Rainbow Early Education Center

$170,476 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
6590077109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$170,476
Current Approval
$170,476
Forgiveness Amount
$171,750
Forgiveness Date
Jan 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Under the Rainbow Early Education Center
Address
555 Technology Dr
ZIP Code
55066-2849
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (624410)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$129,562
Utilities
$40,914

Lender Information

Servicing Lender
First Farmers & Merchants Bank
Originating Lender
First Farmers & Merchants Bank

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