# PPP loan: LOTUS TECHNICAL, INCORPORATED
> **$562K** approved 04/11/2020 · Paid in Full · Loan `3301227107`
## Borrower
- **Name:** LOTUS TECHNICAL, INCORPORATED
- **Address:** 7100 Northland circle Suite 105, MINNEAPOLIS, MN, 55428
- **NAICS:** 561311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $562K
- **Initial approval:** $562K
- **Forgiven:** $565K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $562K
- **Jobs reported:** 50
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*