Lotus Hotels INC

$122,500 PPP Loan in Spring, Texas

Loan Details

Loan Number
6762918410
Date Approved
Feb 11, 2021
Loan Status
Paid in Full
Initial Approval
$122,500
Current Approval
$122,500
Forgiveness Amount
$123,550
Forgiveness Date
Jan 6, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Lotus Hotels INC
Address
27 Midday Sun Pl Midday Sun Pl
City
Spring
State
Texas
ZIP Code
77382-2023
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
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-02

Loan Use Breakdown

Payroll
$122,497
Utilities
$1

Lender Information

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

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