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Lotus Commercial USA LLC Receives $7.1M Loan

City of Jacksonville logoCity of Jacksonville
Disclosed value
$7,150,690
From agenda
Document date
Oct 4, 2022

The 30-second brief

What it covers

Authorizes 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 City of Jacksonville. Its other public contracts on record include work for Duval County.

See who signed off on this $7.2M contract.

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Contract details

Contract type
Loan
Amount
$7,150,690
Document date
October 4, 2022
Term
NA
Vendor
Lotus Commercial USA
Agency
City of Jacksonville
Source document
city_of_jacksonville_finance_committee_agenda_revi.pdf (Agenda)

Lotus Commercial USA's other public contracts

Duval County, FloridaLotus Commercial USA LLC gets $7.1M DPRP Loan · Aug 16, 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 City of Jacksonville?

Lotus Commercial USA was awarded this loan contract by City of Jacksonville, as recorded on October 4, 2022. The contract value is $7,150,690.

How much is the Lotus Commercial USA contract with City of Jacksonville worth?

The Lotus Commercial USA contract with City of Jacksonville 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 city_of_jacksonville_finance_committee_agenda_revi.pdf (Agenda), dated October 4, 2022 from City of Jacksonville. 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 City of Jacksonville currently buying?

Explore City of Jacksonville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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