# PPP loan: RAINBOW HOUSING ASSISTANCE CORPORATION
> **$525K** approved 04/14/2020 · Paid in Full · Loan `7978827110`
## Borrower
- **Name:** RAINBOW HOUSING ASSISTANCE CORPORATION
- **Address:** 18001 N 79th Ave., Ste 72E, GLENDALE, AZ, 85308
- **NAICS:** 236116
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $525K
- **Initial approval:** $525K
- **Forgiven:** $531K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $525K
- **Jobs reported:** 80
## Lender
- **Originating:** Heritage Bank of Commerce
- **Servicing:** Heritage Bank of Commerce (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*