The Rainbow Connection

$115,500 PPP Loan in Rochester, Michigan

Loan Details

Loan Number
6875367008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$115,500
Current Approval
$115,500
Forgiveness Amount
$116,469
Forgiveness Date
Feb 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Rainbow Connection
Address
621 W. University Dr
ZIP Code
48307-1858
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813219)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$112,831
Utilities
$721
Health Care
$1,948

Lender Information

Servicing Lender
Waterford Bank, National Association
Originating Lender
Waterford Bank, National Association

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