# PPP loan: RAINBOW CHILDHOOD EDUCATION INC
> **$176K** approved 03/12/2021 · Paid in Full · Loan `9320588501`
## Borrower
- **Name:** RAINBOW CHILDHOOD EDUCATION INC
- **Address:** 5689 Hollister Ave Ste C, Goleta, CA, 93117-3402
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $176K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*