Date Approved
04/04/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
JALAS ENTERPRISES, INC.
Borrower Address
15697 250TH AVE
Borrower City
SPIRIT LAKE
Borrower State
IA
Borrower Zip
51360-7313
Loan Status Date
03/04/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
270900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Subway
Servicing Lender Location Id
25108
Servicing Lender Name
United Bank of Iowa
Servicing Lender Address
501 2nd St
Servicing Lender City
IDA GROVE
Servicing Lender State
Servicing Lender Zip
51445-1304
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DICKINSON
Project State
Project Zip
CD
IA-04
Jobs Reported
105
NAICS Code
722513
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
19450.00
Payroll Proceed
190950.00
Mortgage Interest Proceed
10500.00
Rent Proceed
47000.00
Refinance EIDL Proceed
Health Care Proceed
3000.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
273225.23
Forgiveness Date
02/18/2021