PPP Loan information for Jalaram lodging inc

$52,500

Jalaram lodging inc was initially approved for PPP Loan of amount $52,500, the current approved amount is $52,500. The loan was approved on 02/26/2021 by The The Citizens Bank reported 17 jobs and $52,500 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

02/26/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

JALARAM LODGING INC

Borrower Address

306 Highway 425 N

Borrower City

Monticello

Borrower State

AR

Borrower Zip

71655-4014

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52500.00

Current Approval Amount

52500.00

Undisbursed Amount

0.00

Franchise Name

Super 8 by Wyndhan

Servicing Lender Location Id

4115

Servicing Lender Name

The Citizens Bank

Servicing Lender Address

655 Saint Louis St

Servicing Lender City

BATESVILLE

Servicing Lender State

AR

Servicing Lender Zip

72501-5820

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

17

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

52494.00

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

4115

Originating Lender

The Citizens Bank

Originating Lender City

BATESVILLE

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52861.67

Forgiveness Date

11/09/2021

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