PPP Loan information for Lotus usa inc

$41,667

Lotus usa inc was initially approved for PPP Loan of amount $41,667, the current approved amount is $41,667. The loan was approved on 05/11/2021 by The Readycap Lending, LLC reported 3 jobs and $41,667 was used to fund payroll.

Lotus usa inc is Existing or more than 2 years old

PPP Loan Search / NJ / Plainsboro / Lotus usa inc

LOTUS USA INC

Date Approved

05/11/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LOTUS USA INC

Borrower Address

16 Thoreau Dr

Borrower City

Plainsboro

Borrower State

NJ

Borrower Zip

08536-3018

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41667.00

Current Approval Amount

41667.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plainsboro

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08536-3018

CD

NJ-12

Jobs Reported

3

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

41665.00

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

Corporation

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41851.93

Forgiveness Date

10/27/2021

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