# PPP loan: RAINBOW RESTAURANT PROPERTIES, INC.
> **$482K** approved 04/11/2020 · Paid in Full · Loan `2824097110`
## Borrower
- **Name:** RAINBOW RESTAURANT PROPERTIES, INC.
- **Address:** 2916 HENNEPIN AVENUE SOUTH, MINNEAPOLIS, MN, 55408-1954
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $482K
- **Initial approval:** $482K
- **Forgiven:** $488K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $482K
- **Jobs reported:** 109
## Lender
- **Originating:** Minnesota Bank and Trust, A Division of HTLF Bank
- **Servicing:** HTLF Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*