PPP Loan information for Red lotus inc

$54,017

Red lotus inc was initially approved for PPP Loan of amount $54,017, the current approved amount is $54,017. The loan was approved on 02/04/2021 by The Glacier Bank reported 7 jobs and $54,017 was used to fund payroll.

Red lotus inc is Existing or more than 2 years old

RED LOTUS INC

Date Approved

02/04/2021

SBA Office Code

0885

Processing Method

PPS

Borrower Name

RED LOTUS INC

Borrower Address

19 Madison Ave

Borrower City

West Yellowstone

Borrower State

MT

Borrower Zip

59758-9530

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54016.65

Current Approval Amount

54016.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87893

Servicing Lender Name

Glacier Bank

Servicing Lender Address

202 Main St

Servicing Lender City

KALISPELL

Servicing Lender State

MT

Servicing Lender Zip

59901-4454

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Yellowstone

Project County Name

GALLATIN

Project State

MT

Project Zip

59758-9530

CD

MT-01

Jobs Reported

7

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

54012.65

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

87893

Originating Lender

Glacier Bank

Originating Lender City

KALISPELL

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54663.37

Forgiveness Date

04/25/2022

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