PPP Loan information for Jalaram corporation

$378,500

Jalaram corporation was initially approved for PPP Loan of amount $357,200, the current approved amount is $378,500. The loan was approved on 04/08/2020 by The First National Bank of Clarksdale reported 131 jobs and $378,500 was used to fund payroll.

Jalaram corporation is Existing or more than 2 years old

JALARAM CORPORATION

Date Approved

04/08/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

JALARAM CORPORATION

Borrower Address

405 GALLERIA DR Suite C

Borrower City

OXFORD

Borrower State

MS

Borrower Zip

38655-4715

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

357200.00

Current Approval Amount

378500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39181

Servicing Lender Name

First National Bank of Clarksdale

Servicing Lender Address

402 E Second St

Servicing Lender City

CLARKSDALE

Servicing Lender State

MS

Servicing Lender Zip

38614-4412

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OXFORD

Project County Name

LAFAYETTE

Project State

MS

Project Zip

38655-4715

CD

MS-01

Jobs Reported

131

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

378500.00

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

Corporation

Originating Lender Location Id

39181

Originating Lender

First National Bank of Clarksdale

Originating Lender City

CLARKSDALE

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

381601.60

Forgiveness Date

02/09/2021

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