PPP Loan information for Jalaram hotel llc

$24,799

Jalaram hotel llc was initially approved for PPP Loan of amount $24,799, the current approved amount is $24,799. The loan was approved on 01/23/2021 by The M C Bank & Trust Co. reported 6 jobs and $24,799 was used to fund payroll.

Jalaram hotel llc is Existing or more than 2 years old

JALARAM HOTEL LLC

Date Approved

01/23/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

JALARAM HOTEL LLC

Borrower Address

5454 I 49 N Service Rd

Borrower City

Opelousas

Borrower State

LA

Borrower Zip

70570-0767

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24799.00

Current Approval Amount

24799.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

28707

Servicing Lender Name

M C Bank & Trust Co.

Servicing Lender Address

1201 Brashear Ave

Servicing Lender City

MORGAN CITY

Servicing Lender State

LA

Servicing Lender Zip

70380-1361

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Opelousas

Project County Name

SAINT LANDRY

Project State

LA

Project Zip

70570-0767

CD

LA-04

Jobs Reported

6

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

24796.00

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

Limited Liability Partnership

Originating Lender Location Id

28707

Originating Lender

M C Bank & Trust Co.

Originating Lender City

MORGAN CITY

Originating Lender State

LA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24962.26

Forgiveness Date

09/28/2021

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