PPP Loan information for Red lotus inc

$63,836

Red lotus inc was initially approved for PPP Loan of amount $63,836, the current approved amount is $63,836. The loan was approved on 01/29/2021 by The American Lending Center reported 12 jobs and $63,836 was used to fund payroll.

Red lotus inc is Existing or more than 2 years old

PPP Loan Search / NC / Chapel Hill / Red lotus inc

RED LOTUS INC

Date Approved

01/29/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

RED LOTUS INC

Borrower Address

239 S Elliott Rd

Borrower City

Chapel Hill

Borrower State

NC

Borrower Zip

27514-5831

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

63836.00

Current Approval Amount

63836.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

530223

Servicing Lender Name

American Lending Center

Servicing Lender Address

1 World Trade Center, Suite 1130

Servicing Lender City

Long Beach

Servicing Lender State

CA

Servicing Lender Zip

90831

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chapel Hill

Project County Name

ORANGE

Project State

NC

Project Zip

27514-5831

CD

NC-04

Jobs Reported

12

NAICS Code

722511

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

63834.00

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

530223

Originating Lender

American Lending Center

Originating Lender City

Long Beach

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64747.44

Forgiveness Date

06/28/2022

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