# PPP loan: LOTUS HOSPITALITY, INC.
> **$442K** approved 04/06/2020 · Paid in Full · Loan `5816717001`
## Borrower
- **Name:** LOTUS HOSPITALITY, INC.
- **Address:** 275 S Airport Blvd, SOUTH SAN FRANCISCO, CA, 94080-6703
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $442K
- **Initial approval:** $442K
- **Forgiven:** $447K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $442K
- **Jobs reported:** 60
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*