# PPP loan: RAINBOW DREAMS AT FAIR OAKS, LLC
> **$150K** approved 04/16/2020 · Paid in Full · Loan `2855987207`
## Borrower
- **Name:** RAINBOW DREAMS AT FAIR OAKS, LLC
- **Address:** 204 OLD PECAN RD, ENNIS, TX, 75119
- **NAICS:** 624410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $113K
- **Mortgage interest:** $13K
- **Utilities:** $13K
- **Health care:** $13K
- **Jobs reported:** 38
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*