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Lotus Commercial USA LLC gets $7.1M DPRP Loan

Duval County logoDuval County
Disclosed value
$7,150,690
From agenda
Document date
Aug 16, 2022

The 30-second brief

What it covers

Downtown Preservation and Revitalization Program (DPRP) Loans of $7,150,690 (of the total, $5,720,552 can be forgiven and $1,430,138 will be repaid with interest), subject to future appropriation by Council

Who holds it

Lotus Commercial USA holds this loan contract with Duval County. Its other public contracts on record include work for City of Jacksonville.

See who signed off on this $7.2M contract.

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Contract details

Contract type
Loan
Amount
$7,150,690
Document date
August 16, 2022
Term
NA
Vendor
Lotus Commercial USA
Agency
Duval County
Source document
duval-county-finance-committee-agenda-funding-approvals-economic-dev-aug-16-2022_ac1.pdf (Agenda)

Lotus Commercial USA's other public contracts

City of Jacksonville, FloridaLotus Commercial USA LLC Receives $7.1M Loan · Oct 4, 2022$7.2MDuval County, Florida$7.15M loans approved for downtown revitalization project · Aug 15, 2022$7.2MDuval County, FloridaFurchgott's Building to Receive $7.1M Renovation Loans · Aug 15, 2022$7.2MDuval County, FloridaLoans approved for Lotus Commercial USA LLC · Aug 2, 2022$7.2MDuval County, FloridaLoans approved for Furchgott's Building renovation · Aug 1, 2022$7.2MAll Lotus Commercial USA contractsVendor profile

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Questions about this contract

Who was awarded the loan contract by Duval County?

Lotus Commercial USA was awarded this loan contract by Duval County, as recorded on August 16, 2022. The contract value is $7,150,690.

How much is the Lotus Commercial USA contract with Duval County worth?

The Lotus Commercial USA contract with Duval County is valued at $7,150,690, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a agenda record.

Where was this contract approved?

This contract appears in duval-county-finance-committee-agenda-funding-approvals-economic-dev-aug-16-2022_ac1.pdf (Agenda), dated August 16, 2022 from Duval County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Lotus Commercial USA hold?

Lotus Commercial USA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Duval County currently buying?

Explore Duval County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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