PPP Loan information for Lotus hospitality llc

$149,426

Lotus hospitality llc was initially approved for PPP Loan of amount $149,426, the current approved amount is $149,426. The loan was approved on 02/03/2021 by The Burke & Herbert Bank & Trust Company reported 19 jobs and $149,426 was used to fund payroll.

Lotus hospitality llc is Existing or more than 2 years old

PPP Loan Search / MD / Clinton / Lotus hospitality llc

LOTUS HOSPITALITY LLC

Date Approved

02/03/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

LOTUS HOSPITALITY LLC

Borrower Address

7979 Malcolm Rd

Borrower City

Clinton

Borrower State

MD

Borrower Zip

20735-1715

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149425.50

Current Approval Amount

149425.50

Undisbursed Amount

0.00

Franchise Name

Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice Hotels

Servicing Lender Location Id

73056

Servicing Lender Name

Burke & Herbert Bank & Trust Company

Servicing Lender Address

100 S Fairfax St

Servicing Lender City

ALEXANDRIA

Servicing Lender State

VA

Servicing Lender Zip

22314-3340

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clinton

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20735-1715

CD

MD-05

Jobs Reported

19

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

149424.50

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

73056

Originating Lender

Burke & Herbert Bank & Trust Company

Originating Lender City

ALEXANDRIA

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150923.91

Forgiveness Date

02/10/2022

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