# PPP loan: LHOTSE CORP
> **$267K** approved 05/01/2020 · Paid in Full · Loan `6262487703`
## Borrower
- **Name:** LHOTSE CORP
- **Address:** 147 W 35TH ST STE 511, NEW YORK, NY, 10001-0070
- **NAICS:** 238320
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $267K
- **Jobs reported:** 10
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*