# PPP loan: RAINBOW OPTICS P.C.
> **$503K** approved 01/22/2021 · Paid in Full · Loan `4121278300`
## Borrower
- **Name:** RAINBOW OPTICS P.C.
- **Address:** 762 E 13th Ave, Eugene, OR, 97401-3778
- **NAICS:** 621320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $503K
- **Initial approval:** $503K
- **Forgiven:** $505K (100%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $503K
- **Jobs reported:** 51
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*