Rainbow Enterprises, Inc.

$298,915 PPP Loan in Monticello, Minnesota

Loan Details

Loan Number
7287817707
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$298,915
Current Approval
$298,915
Forgiveness Amount
$301,066
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rainbow Enterprises, Inc.
Address
108 Chelsea Rd
ZIP Code
55362
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.4M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$298,915

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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