PPP Loan information for Lotus solutions group inc

$29,500

Lotus solutions group inc was initially approved for PPP Loan of amount $29,500, the current approved amount is $29,500. The loan was approved on 05/01/2020 by The First Merchants Bank reported 2 jobs and $29,500 was used to fund payroll.

Lotus solutions group inc is Existing or more than 2 years old

PPP Loan Search / MI / CLARKSTON / Lotus solutions group inc

LOTUS SOLUTIONS GROUP INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LOTUS SOLUTIONS GROUP INC

Borrower Address

1076 VALLEYVIEW DR

Borrower City

CLARKSTON

Borrower State

MI

Borrower Zip

48348-4093

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29500.00

Current Approval Amount

29500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKSTON

Project County Name

OAKLAND

Project State

MI

Project Zip

48348-4093

CD

MI-09

Jobs Reported

2

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29500.00

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

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29698.01

Forgiveness Date

01/07/2021

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