PPP Loan information for Jalaram lodging inc

$40,100

Jalaram lodging inc was initially approved for PPP Loan of amount $40,100, the current approved amount is $40,100. The loan was approved on 04/11/2020 by The Progressive Bank reported 12 jobs and $40,100 was used to fund payroll.

Jalaram lodging inc is Existing or more than 2 years old

PPP Loan Search / AR / MONTICELLO / Jalaram lodging inc

JALARAM LODGING INC

Date Approved

04/11/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

JALARAM LODGING INC

Borrower Address

306 HIGHWAY 425 NORTH

Borrower City

MONTICELLO

Borrower State

AR

Borrower Zip

71655-4014

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40100.00

Current Approval Amount

40100.00

Undisbursed Amount

0.00

Franchise Name

Super 8 by Wyndhan

Servicing Lender Location Id

29371

Servicing Lender Name

Progressive Bank

Servicing Lender Address

1411 N 19th St

Servicing Lender City

MONROE

Servicing Lender State

LA

Servicing Lender Zip

71201-4939

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTICELLO

Project County Name

DREW

Project State

AR

Project Zip

71655-4014

CD

AR-04

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40100.00

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

Subchapter S Corporation

Originating Lender Location Id

29371

Originating Lender

Progressive Bank

Originating Lender City

MONROE

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40474.27

Forgiveness Date

03/22/2021

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