Lotus Hotels, Inc.

$182,670 PPP Loan in San Pablo, California

Loan Details

Loan Number
6506347105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$182,670
Current Approval
$182,670
Forgiveness Amount
$184,147
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lotus Hotels, Inc.
Address
2525 Pablo Dam Rd
ZIP Code
94806-3913
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$26.6M
Rural/Urban
Urban
Congressional District
CA-08

Loan Use Breakdown

Payroll
$156,160
Mortgage Interest
$26,510

Lender Information

Servicing Lender
Western Alliance Bank
Originating Lender
Western Alliance Bank

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