# PPP loan: RAINBOW CLOSETS INC
> **$693K** approved 04/05/2020 · Paid in Full · Loan `5430997001`
## Borrower
- **Name:** RAINBOW CLOSETS INC
- **Address:** 4 Gardner Road, FAIRFIELD, NJ, 07004-2206
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $693K
- **Initial approval:** $693K
- **Forgiven:** $699K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Utilities:** $693K
- **Jobs reported:** 44
## Lender
- **Originating:** Columbia Bank
- **Servicing:** Columbia Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*