PPP Loan information for Jay ram inc

$32,965

Jay ram inc was initially approved for PPP Loan of amount $32,965, the current approved amount is $32,965. The loan was approved on 04/12/2020 by The Volunteer State Bank reported 7 jobs and $32,965 was used to fund payroll.

Jay ram inc is Existing or more than 2 years old

JAY RAM INC

Date Approved

04/12/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

JAY RAM INC

Borrower Address

354 Sumner Hall Dr

Borrower City

Gallatin

Borrower State

TN

Borrower Zip

37066-3129

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32965.22

Current Approval Amount

32965.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gallatin

Project County Name

SUMNER

Project State

TN

Project Zip

37066-3129

CD

TN-06

Jobs Reported

7

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3296.53

Payroll Proceed

24723.92

Mortgage Interest Proceed

4944.77

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

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

33230.77

Forgiveness Date

02/02/2021

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