# PPP loan: RAINBOW SOUTH, LLC
> **$164K** approved 04/09/2020 · Paid in Full · Loan `9989957010`
## Borrower
- **Name:** RAINBOW SOUTH, LLC
- **Address:** 337 HIGHWAY 80, JACKSON, MS, 39201-6328
- **NAICS:** 339950
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $139K
- **Utilities:** $20K
- **Health care:** $4K
- **Jobs reported:** 22
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*