Lotus International Company
$616,505 PPP Loan in Canton, Michigan
Loan Details
- Loan Number
- 1021267703
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $616,505
- Current Approval
- $616,505
- Forgiveness Amount
- $623,302
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lotus International Company
- Address
- 6880 Commerce Blvd
- City
- Canton
- State
- Michigan
- ZIP Code
- 48187
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541330)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 460
- Estimated Revenue
- $56.7M
- Rural/Urban
- Urban
- Congressional District
- MI-06
Loan Use Breakdown
- Payroll
- $400,000
- Rent
- $105,000
- Utilities
- $66,505
- Health Care
- $45,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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