# PPP loan: LOTUS HOTELS UNION LANDING INC
> **$216K** approved 02/11/2021 · Paid in Full · Loan `7005788405`
## Borrower
- **Name:** LOTUS HOTELS UNION LANDING INC
- **Address:** 31040 Alvarado Niles Rd, Union City, CA, 94587-2702
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 04/04/2022
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $216K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*