PPP Loan information for Jai jalaram hospitality inc

$74,277

Jai jalaram hospitality inc was initially approved for PPP Loan of amount $74,277, the current approved amount is $74,277. The loan was approved on 02/27/2021 by The United Bank reported 12 jobs and $74,277 was used to fund payroll.

Jai jalaram hospitality inc is Existing or more than 2 years old

JAI JALARAM HOSPITALITY INC

Date Approved

02/27/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

JAI JALARAM HOSPITALITY INC

Borrower Address

735 S Shiloh Dr

Borrower City

Fayetteville

Borrower State

AR

Borrower Zip

72704-3759

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74276.81

Current Approval Amount

74276.81

Undisbursed Amount

0.00

Franchise Name

Baymont by Wyndham aka Baymont Inn & Suites

Servicing Lender Location Id

89892

Servicing Lender Name

United Bank

Servicing Lender Address

2600 S Thompson St

Servicing Lender City

SPRINGDALE

Servicing Lender State

AR

Servicing Lender Zip

72764-6354

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fayetteville

Project County Name

WASHINGTON

Project State

AR

Project Zip

72704-3759

CD

AR-03

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

74270.81

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

89892

Originating Lender

United Bank

Originating Lender City

SPRINGDALE

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

74634.97

Forgiveness Date

08/30/2021

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