PPP Loan information for Lotus cars usa

$279,758

Lotus cars usa was initially approved for PPP Loan of amount $279,758, the current approved amount is $279,758. The loan was approved on 06/18/2020 by The Truist Bank reported 16 jobs and $279,758 was used to fund payroll.

Lotus cars usa is Existing or more than 2 years old

LOTUS CARS USA

Date Approved

06/18/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LOTUS CARS USA

Borrower Address

47584 Galleon Drive

Borrower City

PLYMOUTH

Borrower State

MI

Borrower Zip

48170-2467

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

279757.70

Current Approval Amount

279757.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLYMOUTH

Project County Name

WAYNE

Project State

MI

Project Zip

48170-2467

CD

MI-06

Jobs Reported

16

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

279757.70

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

281987.99

Forgiveness Date

04/08/2021

;