# PPP loan: LOTUS POULTRY, INC
> **$180K** approved 04/15/2020 · Paid in Full · Loan `2143147204`
## Borrower
- **Name:** LOTUS POULTRY, INC
- **Address:** 598 MONTEREY PASS RD, MONTEREY PARK, CA, 91754-2417
- **NAICS:** 424440
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Mortgage interest:** $45K
- **Jobs reported:** 50
## Lender
- **Originating:** First General Bank
- **Servicing:** First General Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*