PPP Loan information for Jai jalaram investment inc.

$200,690

Jai jalaram investment inc. was initially approved for PPP Loan of amount $200,690, the current approved amount is $200,690. The loan was approved on 01/28/2021 by The MVB Bank, Inc. reported 25 jobs and $200,690 was used to fund payroll.

Jai jalaram investment inc. is Existing or more than 2 years old

JAI JALARAM INVESTMENT INC.

Date Approved

01/28/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

JAI JALARAM INVESTMENT INC.

Borrower Address

2300 N Hayden Island Dr

Borrower City

Portland

Borrower State

OR

Borrower Zip

97217-8286

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

200690.00

Current Approval Amount

200690.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97217-8286

CD

OR-03

Jobs Reported

25

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

200690.00

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

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

202685.75

Forgiveness Date

02/02/2022

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