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Rainbow Motors INC

$22,676 PPP Loan in Kingsport, Tennessee

Loan Details

Loan Number
9700627103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$22,676
Current Approval
$22,676
Forgiveness Amount
$22,829
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rainbow Motors INC
Address
937 E. Stone Dr
City
Kingsport
State
Tennessee
ZIP Code
37660-3358
Business Type
Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TN-01

Loan Use Breakdown

Payroll
$22,676

Lender Information

Servicing Lender
New Peoples Bank, Inc.
Originating Lender
New Peoples Bank, Inc.

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