PPP Loan information for Lotus of illinois inc. lotus of illinois inc.

$40,500

Lotus of illinois inc. lotus of illinois inc. was initially approved for PPP Loan of amount $40,500, the current approved amount is $40,500. The loan was approved on 02/25/2021 by The Union National Bank reported 8 jobs and $40,500 was used to fund payroll.

Lotus of illinois inc. lotus of illinois inc. is Existing or more than 2 years old

LOTUS OF ILLINOIS INC. LOTUS OF ILLINOIS INC.

Date Approved

02/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

LOTUS OF ILLINOIS INC. LOTUS OF ILLINOIS INC.

Borrower Address

636 N Independence Blvd

Borrower City

Romeoville

Borrower State

IL

Borrower Zip

60446-1374

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40500.00

Current Approval Amount

40500.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Romeoville

Project County Name

WILL

Project State

IL

Project Zip

60446-1374

CD

IL-14

Jobs Reported

8

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40497.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40745.25

Forgiveness Date

10/06/2021

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