# PPP loan: RAINBOW ENTERPRISE, PLC
> **$396K** approved 04/10/2020 · Paid in Full · Loan `2390607110`
## Borrower
- **Name:** RAINBOW ENTERPRISE, PLC
- **Address:** 111 otis smith rd, CLARKSVILLE, TN, 37043-0857
- **NAICS:** 621111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $396K
- **Initial approval:** $396K
- **Forgiven:** $399K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $396K
- **Jobs reported:** 36
## Lender
- **Originating:** Legends Bank
- **Servicing:** Legends Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*