Lotus Hotels Inc.

$87,500 PPP Loan in New Kensington, Pennsylvania

Loan Details

Loan Number
5977847006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$87,500
Current Approval
$87,500
Forgiveness Amount
$88,098
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lotus Hotels Inc.
Address
300 Tarentum Bridge Road
ZIP Code
15068-4628
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Quality Inn by Choice Hotels /quality Inn & Suites by Choice Hotels
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
PA-14

Loan Use Breakdown

Payroll
$87,500

Lender Information

Servicing Lender
The Mint National Bank
Originating Lender
The Mint National Bank

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