Lotus Communications Corp.

$5,075,000 PPP Loan in Los Angeles, California

Loan Details

Loan Number
4512937004
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$5,075,000
Current Approval
$5,075,000
Forgiveness Amount
$5,146,328
Forgiveness Date
Sep 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lotus Communications Corp.
Address
330 Barham Blvd
ZIP Code
90068-1480
Business Type
Corporation
Industry (NAICS)
Information (515112)
Business Age
Existing or more than 2 years old
Jobs Reported
250
Estimated Revenue
$42.0M
Rural/Urban
Urban
Congressional District
CA-30

Loan Use Breakdown

Payroll
$4,000,000
Health Care
$75,000
Mortgage Interest
$1,000,000

Lender Information

Servicing Lender
City National Bank
Originating Lender
City National Bank

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