# PPP loan: LOTUS DISTRIBUTION INC
> **$228K** approved 04/28/2020 · Paid in Full · Loan `9736367208`
## Borrower
- **Name:** LOTUS DISTRIBUTION INC
- **Address:** 1120 E MISSION BLVD, ONTARIO, CA, 91761-2136
- **NAICS:** 493110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 35
## Lender
- **Originating:** Chino Commercial Bank, N.A.
- **Servicing:** Chino Commercial Bank, N.A. (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*