Date Approved
01/20/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
JALARAM HOSPITALITY LLC
Borrower Address
106 Jake St
Borrower City
Perham
Borrower State
MN
Borrower Zip
56573-2100
Loan Status Date
01/14/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
55595.22
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Super 8 by Wyndhan
Servicing Lender Location Id
38738
Servicing Lender Name
United Community Bank
Servicing Lender Address
301 W Main St
Servicing Lender City
PERHAM
Servicing Lender State
Servicing Lender Zip
56573-1455
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OTTER TAIL
Project State
Project Zip
CD
MN-07
Jobs Reported
10
NAICS Code
721110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
55590.22
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
56081.11
Forgiveness Date
12/08/2021