PPP Loan information for Lotus, inc.

$12,700

Lotus, inc. was initially approved for PPP Loan of amount $12,700, the current approved amount is $12,700. The loan was approved on 04/28/2020 by The Community Bank of Mississippi reported 8 jobs and $12,700 was used to fund payroll.

Lotus, inc. is Existing or more than 2 years old

LOTUS, INC.

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

LOTUS, INC.

Borrower Address

18051 HIGHWAY 45

Borrower City

SCOOBA

Borrower State

MS

Borrower Zip

39358-8603

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12700.00

Current Approval Amount

12700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCOOBA

Project County Name

KEMPER

Project State

MS

Project Zip

39358-8603

CD

MS-03

Jobs Reported

8

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

11700.00

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

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12865.97

Forgiveness Date

08/27/2021

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