# PPP loan: RAINBOW LAND LEARNING CENTER INC
> **$533K** approved 06/17/2020 · Paid in Full · Loan `7364367904`
## Borrower
- **Name:** RAINBOW LAND LEARNING CENTER INC
- **Address:** 67 - 71 Somme Street, NEWARK, NJ, 07105
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $533K
- **Initial approval:** $533K
- **Forgiven:** $539K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $533K
- **Jobs reported:** 68
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*