Date Approved
02/02/2021
SBA Office Code
0761
Processing Method
PPS
Borrower Name
JAI LAXMI MA INC
Borrower Address
1650 SE Oralabor Rd
Borrower City
Ankeny
Borrower State
IA
Borrower Zip
50021-9451
Loan Status Date
03/18/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
64485.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
AmericInn by Wyndham
Servicing Lender Location Id
25054
Servicing Lender Name
Grinnell State Bank
Servicing Lender Address
814 4th Ave
Servicing Lender City
GRINNELL
Servicing Lender State
Servicing Lender Zip
50112-2041
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POLK
Project State
Project Zip
CD
IA-03
Jobs Reported
11
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
64961.47
Forgiveness Date
11/01/2021