Rainbow Tool and Machine Co., INC
$400,829 PPP Loan in Rainbow City, Alabama
Loan Details
- Loan Number
- 7143187110
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $400,829
- Current Approval
- $400,829
- Forgiveness Amount
- $405,035
- Forgiveness Date
- May 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rainbow Tool and Machine Co., INC
- Address
- 1500 Martin Road
- City
- Rainbow City
- State
- Alabama
- ZIP Code
- 35906-7067
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333515)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- $6.5M
- Rural/Urban
- Rural
- Congressional District
- AL-04
Loan Use Breakdown
- Payroll
- $400,829
Lender Information
- Servicing Lender
- Emblem Credit Union
- Originating Lender
- Emblem Credit Union
Other PPP Loans in Rainbow City, AL
| Business | Approved | |
|---|---|---|
| Zla Solutions, Inc. | $1,805,000 |  AI Deep Dive |
| Rainbow City Auto Acquisitions | $596,182 | AI Deep Dive |
| Westbrook Christian School, Inc. | $460,260 | AI Deep Dive |
| Rainbow Tool and Machine Company Inc. | $400,829 | AI Deep Dive |
| Gadsden Tool, Inc. | $382,300 | AI Deep Dive |
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