PPP Loan information for Lotus restaurant, llc

$42,085

Lotus restaurant, llc was initially approved for PPP Loan of amount $42,085, the current approved amount is $42,085. The loan was approved on 05/18/2020 by The Tri City National Bank reported 8 jobs and $42,085 was used to fund payroll.

Lotus restaurant, llc is Existing or more than 2 years old

LOTUS RESTAURANT, LLC

Date Approved

05/18/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

LOTUS RESTAURANT, LLC

Borrower Address

9011 S HOWELL AVE

Borrower City

OAK CREEK

Borrower State

WI

Borrower Zip

53154

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42085.00

Current Approval Amount

42085.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76623

Servicing Lender Name

Tri City National Bank

Servicing Lender Address

6400 S 27th St

Servicing Lender City

OAK CREEK

Servicing Lender State

WI

Servicing Lender Zip

53154-1015

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK CREEK

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53154-0001

CD

WI-01

Jobs Reported

8

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42085.00

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 Company(LLC)

Originating Lender Location Id

76623

Originating Lender

Tri City National Bank

Originating Lender City

OAK CREEK

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42447.40

Forgiveness Date

03/26/2021

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