PPP Loan information for Lotus xpress

$89,320

Lotus xpress was initially approved for PPP Loan of amount $89,320, the current approved amount is $89,320. The loan was approved on 01/25/2021 by The Citizens Bank, National Association reported 13 jobs and $89,320 was used to fund payroll.

Lotus xpress is Existing or more than 2 years old

PPP Loan Search / MA / Somerville / Lotus xpress

LOTUS XPRESS

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LOTUS XPRESS

Borrower Address

167 Broadway

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02145-2103

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89320.00

Current Approval Amount

89320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02145-2103

CD

MA-07

Jobs Reported

13

NAICS Code

722511

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

89315.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89794.74

Forgiveness Date

08/11/2021

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