PPP Loan information for Jai jalaram inc

$50,324

Jai jalaram inc was initially approved for PPP Loan of amount $50,324, the current approved amount is $50,324. The loan was approved on 02/04/2021 by The Magnifi Financial CU reported 9 jobs and $50,324 was used to fund payroll.

Jai jalaram inc is Existing or more than 2 years old

PPP Loan Search / MN / Monticello / Jai jalaram inc

JAI JALARAM INC

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

JAI JALARAM INC

Borrower Address

1114 Cedar St

Borrower City

Monticello

Borrower State

MN

Borrower Zip

55362-8911

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50324.00

Current Approval Amount

50324.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monticello

Project County Name

WRIGHT

Project State

MN

Project Zip

55362-8911

CD

MN-06

Jobs Reported

9

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50322.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50555.63

Forgiveness Date

07/28/2021

;