Jalaram Lodging INC

$52,500 PPP Loan in Monticello, Arkansas

Loan Details

Loan Number
4927188503
Date Approved
Feb 26, 2021
Loan Status
Paid in Full
Initial Approval
$52,500
Current Approval
$52,500
Forgiveness Amount
$52,862
Forgiveness Date
Nov 9, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Jalaram Lodging INC
Address
306 Highway 425 N
ZIP Code
71655-4014
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Super 8 by Wyndhan
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$52,494
Utilities
$1

Lender Information

Servicing Lender
The Citizens Bank
Originating Lender
The Citizens Bank

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