PPP borrower record
RAINBOW CITY AUTO ACQUISITIONS PPP loan record
Public SBA PPP loan record for RAINBOW CITY AUTO ACQUISITIONS. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$596,182
Approved amount
$600,984
Forgiven amount
2020-04-09
Date approved
Borrower and loan details
Borrower
RAINBOW CITY AUTO ACQUISITIONS
Loan number
9705227002
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Rainbow City
Borrower state
Alabama
Borrower ZIP
35906
Jobs reported
61
Loan status
Paid in Full
Forgiveness date
2021-02-03
Servicing lender
First Bank of Boaz
Originating lender
First Bank of Boaz
Reported use of proceeds
Payroll
$535,000
Rent
$35,000
Utilities
$26,182
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.