# PPP loan: RAINBOW MART INC
> **$254K** approved 05/01/2020 · Paid in Full · Loan `5457767710`
## Borrower
- **Name:** RAINBOW MART INC
- **Address:** 2344 VIA SEGUNDO, SAN YSIDRO, CA, 92173-2816
- **NAICS:** 423690
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Jobs reported:** 50
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*