# PPP loan: LOTUS HOTELS - PITTSBURG, INC.
> **$180K** approved 04/14/2020 · Paid in Full · Loan `7074387106`
## Borrower
- **Name:** LOTUS HOTELS - PITTSBURG, INC.
- **Address:** 1201 CALIFORNIA AVE, PITTSBURG, CA, 94565-4112
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $144K
- **Mortgage interest:** $36K
- **Jobs reported:** 85
## 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*