PPP Loan information for Jai llc

$74,022

Jai llc was initially approved for PPP Loan of amount $74,022, the current approved amount is $74,022. The loan was approved on 02/25/2021 by The Truist Bank reported 10 jobs and $74,022 was used to fund payroll.

Jai llc is Existing or more than 2 years old

JAI LLC

Date Approved

02/25/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

JAI LLC

Borrower Address

196 Virginia Ave S

Borrower City

Tifton

Borrower State

GA

Borrower Zip

31794-8073

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74021.50

Current Approval Amount

74021.50

Undisbursed Amount

0.00

Franchise Name

Microtel Inn & Suites by Wyndham

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Tifton

Project County Name

TIFT

Project State

GA

Project Zip

31794-8073

CD

GA-08

Jobs Reported

10

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74021.50

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74410.11

Forgiveness Date

09/10/2021

;