PPP Loan information for Platinum electric inc.

$125,502

Platinum electric inc. was initially approved for PPP Loan of amount $125,502, the current approved amount is $125,502. The loan was approved on 04/27/2020 by The Marion & Polk Schools CU reported 10 jobs and $125,502 was used to fund payroll.

Platinum electric inc. is New Business or 2 years or less

PPP Loan Search / OR / Salem / Platinum electric inc.

PLATINUM ELECTRIC INC.

Date Approved

04/27/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

PLATINUM ELECTRIC INC.

Borrower Address

4676 Commercial St SE #248

Borrower City

Salem

Borrower State

OR

Borrower Zip

97302-1902

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125502.00

Current Approval Amount

125502.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

103718

Servicing Lender Name

Marion & Polk Schools CU

Servicing Lender Address

451 Division St NE

Servicing Lender City

SALEM

Servicing Lender State

OR

Servicing Lender Zip

97301-2569

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Salem

Project County Name

MARION

Project State

OR

Project Zip

97302-1902

CD

OR-06

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

125502.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

103718

Originating Lender

Marion & Polk Schools CU

Originating Lender City

SALEM

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

126760.46

Forgiveness Date

05/04/2021

;