PPP Loan information for Jai laxminarayan llc

$114,551

Jai laxminarayan llc was initially approved for PPP Loan of amount $114,551, the current approved amount is $114,551. The loan was approved on 02/02/2021 by The Freedom Bank reported 25 jobs and $114,551 was used to fund payroll.

Jai laxminarayan llc is Existing or more than 2 years old

JAI LAXMINARAYAN LLC

Date Approved

02/02/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

JAI LAXMINARAYAN LLC

Borrower Address

1691 US Highway 46

Borrower City

Ledgewood

Borrower State

NJ

Borrower Zip

07852-2349

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

114550.87

Current Approval Amount

114550.87

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

455592

Servicing Lender Name

Freedom Bank

Servicing Lender Address

99 W Essex St, 2nd Fl

Servicing Lender City

MAYWOOD

Servicing Lender State

NJ

Servicing Lender Zip

07607-1019

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ledgewood

Project County Name

MORRIS

Project State

NJ

Project Zip

07852-2349

CD

NJ-07

Jobs Reported

25

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

114544.87

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

455592

Originating Lender

Freedom Bank

Originating Lender City

MAYWOOD

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115413.18

Forgiveness Date

11/10/2021

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