PPP Loan information for Jalaram hotels llc

$13,032

Jalaram hotels llc was initially approved for PPP Loan of amount $13,032, the current approved amount is $13,032. The loan was approved on 04/06/2020 by The The Malvern National Bank reported 5 jobs and $13,032 was used to fund payroll.

Jalaram hotels llc is New Business or 2 years or less

JALARAM HOTELS LLC

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

JALARAM HOTELS LLC

Borrower Address

865 HIGHWAY 62

Borrower City

MOUNTAIN HOME

Borrower State

AR

Borrower Zip

72653-3211

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13032.00

Current Approval Amount

13032.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4530

Servicing Lender Name

The Malvern National Bank

Servicing Lender Address

501 S Main St

Servicing Lender City

MALVERN

Servicing Lender State

AR

Servicing Lender Zip

72104-3836

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MOUNTAIN HOME

Project County Name

BAXTER

Project State

AR

Project Zip

72653-3211

CD

AR-01

Jobs Reported

5

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1954.80

Payroll Proceed

11077.20

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

4530

Originating Lender

The Malvern National Bank

Originating Lender City

MALVERN

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

13135.18

Forgiveness Date

01/28/2021

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