# PPP loan: RAINBOW STATION STALLINGS INC.
> **$247K** approved 03/12/2021 · Paid in Full · Loan `9109948507`
## Borrower
- **Name:** RAINBOW STATION STALLINGS INC.
- **Address:** 3420 Pleasant Plains Rd, Stallings, NC, 28104-5966
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 40
## Lender
- **Originating:** The Fidelity Bank
- **Servicing:** The Fidelity Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*