PPP Loan information for Jalaram hospitality, inc.

$93,982

Jalaram hospitality, inc. was initially approved for PPP Loan of amount $93,982, the current approved amount is $93,982. The loan was approved on 01/17/2021 by The Farmers & Merchants Bank reported 16 jobs and $93,982 was used to fund payroll.

Jalaram hospitality, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Salisbury / Jalaram hospitality, inc.

JALARAM HOSPITALITY, INC.

Date Approved

01/17/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

JALARAM HOSPITALITY, INC.

Borrower Address

406 Punkin Ct

Borrower City

Salisbury

Borrower State

MD

Borrower Zip

21804-4203

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93982.49

Current Approval Amount

93982.49

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

WICOMICO

Project State

MD

Project Zip

21804-4203

CD

MD-01

Jobs Reported

16

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

93980.49

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

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

94528.36

Forgiveness Date

08/27/2021

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