Rainbow Adult Day Center INC

$197,500 PPP Loan in Peabody, Massachusetts

Loan Details

Loan Number
7095187104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$197,500
Current Approval
$197,500
Forgiveness Amount
$199,618
Forgiveness Date
May 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rainbow Adult Day Center INC
Address
210 Lowell St
ZIP Code
01960-4201
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (624120)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$197,500

Lender Information

Servicing Lender
Salem Five Cents Savings Bank
Originating Lender
Salem Five Cents Savings Bank

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