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Lotus Corporation

$36,800 PPP Loan in Eveleth, Minnesota

Loan Details

Loan Number
9696687106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$36,800
Current Approval
$36,800
Forgiveness Amount
$37,094
Forgiveness Date
Feb 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lotus Corporation
Address
426 Monroe St
City
Eveleth
State
Minnesota
ZIP Code
55734-1537
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (624229)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$27,600
Utilities
$4,200
Mortgage Interest
$5,000

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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