PPP Loan information for Lotus and lila inc

$42,075

Lotus and lila inc was initially approved for PPP Loan of amount $42,075, the current approved amount is $42,075. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 24 jobs and $42,075 was used to fund payroll.

Lotus and lila inc is Existing or more than 2 years old

LOTUS AND LILA INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

LOTUS AND LILA INC

Borrower Address

227 Gateway Drive Suite A/B

Borrower City

Bel Air

Borrower State

MD

Borrower Zip

21014

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42075.00

Current Approval Amount

42075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bel Air

Project County Name

HARFORD

Project State

MD

Project Zip

21014-0001

CD

MD-01

Jobs Reported

24

NAICS Code

611699

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1129.00

Payroll Proceed

31555.00

Mortgage Interest Proceed

0.00

Rent Proceed

9391.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42436.96

Forgiveness Date

03/01/2021

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