# PPP loan: RAINBOW ELECTRIC INC
> **$568K** approved 03/31/2021 · Paid in Full · Loan `4000468705`
## Borrower
- **Name:** RAINBOW ELECTRIC INC
- **Address:** 809 N Napa St, Spokane, WA, 99202-2868
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $568K
- **Initial approval:** $568K
- **Forgiven:** $572K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $568K
- **Jobs reported:** 38
## Lender
- **Originating:** Wheatland Bank, A Division of Glacier Bank
- **Servicing:** Glacier Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*