PPP Loan information for Lotus health & wellness inc.

$119,410

Lotus health & wellness inc. was initially approved for PPP Loan of amount $119,410, the current approved amount is $119,410. The loan was approved on 03/23/2021 by The TowneBank reported 16 jobs and $119,410 was used to fund payroll.

Lotus health & wellness inc. is Existing or more than 2 years old

PPP Loan Search / VA / Williamsburg / Lotus health & wellness inc.

LOTUS HEALTH & WELLNESS INC.

Date Approved

03/23/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LOTUS HEALTH & WELLNESS INC.

Borrower Address

5107 Main St

Borrower City

Williamsburg

Borrower State

VA

Borrower Zip

23188-2811

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119410.00

Current Approval Amount

119410.00

Undisbursed Amount

0.00

Franchise Name

Massage Envy

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Williamsburg

Project County Name

JAMES CITY

Project State

VA

Project Zip

23188-2811

CD

VA-01

Jobs Reported

16

NAICS Code

812199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

119406.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119731.74

Forgiveness Date

06/30/2021

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