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  5. BUDGET 8 MOTEL OF MERIDIAN, INC.

BUDGET 8 MOTEL OF MERIDIAN, INC.

Company Details

Name: BUDGET 8 MOTEL OF MERIDIAN, INC.
Jurisdiction: MISSISSIPPI
Business Type: Profit Corporation
Status: Good Standing
Effective Date: 07 Jan 1993 (32 years ago)
Business ID: 593839
ZIP code: 39301
County: Lauderdale
State of Incorporation: MISSISSIPPI
Principal Office Address: 2202 Causeyveille Road, Abdul LalaMERIDIAN, MS 39301

Agent

Name Role Address
ABDUL LALA Agent 2101 S FRONTAGE ROAD, MERIDIAN, MS 39301

Incorporator

Name Role Address
J Richard Barry Incorporator 505 Constitution Avenue, Meridian, MS 39301

Director

Name Role Address
Abdul Lala Director 2202 Causeyville Road, Meridian, MS 39301
Farida Lala Director 2202 Causeyville Road, Meridian, MS 39301
Asif Lala Director 2202 Causeyville Road, Meridian, MS 39301
Aneesa Lala Director 2202 Causeyville Road, Meridian, MS 39301

President

Name Role Address
Abdul Lala President 2202 Causeyville Road, Meridian, MS 39301

Vice President

Name Role Address
Farida Lala Vice President 2202 Causeyville Road, Meridian, MS 39301

Treasurer

Name Role Address
Asif Lala Treasurer 2202 Causeyville Road, Meridian, MS 39301

Secretary

Name Role Address
Aneesa Lala Secretary 2202 Causeyville Road, Meridian, MS 39301

Filings

Type Status Filed Date Description
Annual Report Filed 2025-01-14 Annual Report For BUDGET 8 MOTEL OF MERIDIAN, INC.
Annual Report Filed 2024-01-22 Annual Report For BUDGET 8 MOTEL OF MERIDIAN, INC.
Annual Report Filed 2023-04-10 Annual Report For BUDGET 8 MOTEL OF MERIDIAN, INC.
Annual Report Filed 2022-03-03 Annual Report For BUDGET 8 MOTEL OF MERIDIAN, INC.
Annual Report Filed 2021-04-13 Annual Report For BUDGET 8 MOTEL OF MERIDIAN, INC.
Annual Report Filed 2020-04-09 Annual Report For BUDGET 8 MOTEL OF MERIDIAN, INC.
Annual Report Filed 2019-03-06 Annual Report For BUDGET 8 MOTEL OF MERIDIAN, INC.
Annual Report Filed 2018-04-04 Annual Report For BUDGET 8 MOTEL OF MERIDIAN, INC.
Annual Report Filed 2017-03-23 Annual Report For BUDGET 8 MOTEL OF MERIDIAN, INC.
Annual Report Filed 2016-03-02 Annual Report For BUDGET 8 MOTEL OF MERIDIAN, INC.

USAspending Awards. Financial Assistance

FAIN Awarding Agency Assistance Listings Start Date End Date Description
4271835004 Small Business Administration 59.057 - AMERICA'S RECOVERY CAPITAL LOANS No data No data ARC GUAR LOANS
Recipient BUDGET 8 MOTEL OF MERIDIAN INC.
Recipient Name Raw BUDGET 8 MOTEL OF MERIDIAN INC.
Recipient Address S. FRONTAGE RD, MERIDIAN, LAUDERDALE, MISSISSIPPI, 39301-0000, UNITED STATES
Obligated Amount 0.00
Non-Federal Funding 0.00
Original Subsidy Cost 26653.00
Face Value of Direct Loan 35000.00
Link View Page

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3350078407 2021-02-04 0470 PPS 2202 Causeyville Rd, Meridian, MS, 39301-7401
Loan Status Date 2021-10-07
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 12246.5
Loan Approval Amount (current) 12246.5
Undisbursed Amount 0
Franchise Name -
Lender Location ID 39217
Servicing Lender Name Community Bank of Mississippi
Servicing Lender Address 1905, Community Bank Way, Flowood, MS, 39232
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Meridian, LAUDERDALE, MS, 39301-7401
Project Congressional District MS-03
Number of Employees 4
NAICS code 721110
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 39217
Originating Lender Name Community Bank of Mississippi
Originating Lender Address Flowood, MS
Gender Female Owned
Veteran Non-Veteran
Forgiveness Amount 12322.66
Forgiveness Paid Date 2021-09-21
8354017208 2020-04-28 0470 PPP 2325 FRONTAGE RD, MERIDIAN, MS, 39301-6542
Loan Status Date 2021-03-06
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 8700
Loan Approval Amount (current) 8700
Undisbursed Amount 0
Franchise Name -
Lender Location ID 39217
Servicing Lender Name Community Bank of Mississippi
Servicing Lender Address 1905, Community Bank Way, Flowood, MS, 39232
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address MERIDIAN, LAUDERDALE, MS, 39301-6542
Project Congressional District MS-03
Number of Employees 4
NAICS code 721110
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 39217
Originating Lender Name Community Bank of Mississippi
Originating Lender Address Flowood, MS
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 8759.78
Forgiveness Paid Date 2021-02-16

Related by officers

ABDUL LALA

ASTRO MOTEL, INC. A AND F, INC. RLL COSMETICS, INC. MISSISSIPPI SHURAFA TRADING, INC. ASTRO MOTEL OF MERIDIAN, INC. PINE HAVEN MOTEL OF MERIDIAN, INC. E L OF MERIDIAN, INC. InnMeridian, INC. MUSLIM ASSOCIATION OF MISSISSIPPI & ALABAMA, INC. INNVESTMENTS, INC.

J Richard Barry

CLINIC EQUIPMENT, INC. W.B. NULL & SON, INC. ASTRO MOTEL OF MERIDIAN, INC. PINE HAVEN MOTEL OF MERIDIAN, INC. E L OF MERIDIAN, INC. CRAIG HASKINS & ASSOCIATES, INC. PLANT THIS, INC. H & H SPECIALTIES, INC. TIMBER RESOURCES, INC. Spartan Homes of Jackson, Inc.

Abdul Lala

ASTRO MOTEL OF MERIDIAN, INC. PINE HAVEN MOTEL OF MERIDIAN, INC. E L OF MERIDIAN, INC. QUEEN CITY INNS, INC. InnMeridian, INC. INNVESTMENTS, INC. Lala Farms, Inc. Laxmi Trustmark Hospitality LLC New South Hospitality, Inc. Candlewood of Meridian, LLC

Farida Lala

ASTRO MOTEL OF MERIDIAN, INC. PINE HAVEN MOTEL OF MERIDIAN, INC. E L OF MERIDIAN, INC. InnMeridian, INC. INNVESTMENTS, INC. Lala Farms, Inc. New South Hospitality, Inc.

Asif Lala

ASTRO MOTEL OF MERIDIAN, INC. PINE HAVEN MOTEL OF MERIDIAN, INC. E L OF MERIDIAN, INC. InnMeridian, INC. Lala Farms, Inc. Lala Properties, LLC

Aneesa Lala

ASTRO MOTEL OF MERIDIAN, INC. PINE HAVEN MOTEL OF MERIDIAN, INC. E L OF MERIDIAN, INC. InnMeridian, INC. Lala Farms, Inc.

Related by address

No related companies by address

Date of last update: 15 Mar 2025

Sources: Mississippi Secretary of State

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