PPP Loan information for Lotustel group llc

$238,411

Lotustel group llc was initially approved for PPP Loan of amount $238,411, the current approved amount is $238,411. The loan was approved on 03/31/2021 by The Truist Bank reported 23 jobs and $238,411 was used to fund payroll.

Lotustel group llc is Existing or more than 2 years old

PPP Loan Search / TX / Garland / Lotustel group llc

LOTUSTEL GROUP LLC

Date Approved

03/31/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

LOTUSTEL GROUP LLC

Borrower Address

5110 N President George Bush Hwy

Borrower City

Garland

Borrower State

TX

Borrower Zip

75040-2795

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

238411.12

Current Approval Amount

238411.12

Undisbursed Amount

0.00

Franchise Name

Holiday Inn

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Garland

Project County Name

DALLAS

Project State

TX

Project Zip

75040-2795

CD

TX-05

Jobs Reported

23

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

238405.12

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

240166.09

Forgiveness Date

12/23/2021

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