PPP Loan information for Platinum empire group, inc

$1,766,700

Platinum empire group, inc was initially approved for PPP Loan of amount $1,766,700, the current approved amount is $1,766,700. The loan was approved on 04/09/2020 by The Franklin Bank & Trust Company reported 135 jobs and $1,766,700 was used to fund payroll.

Platinum empire group, inc is Existing or more than 2 years old

PPP Loan Search / CA / Torrance / Platinum empire group, inc

PLATINUM EMPIRE GROUP, INC

Date Approved

04/09/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

PLATINUM EMPIRE GROUP, INC

Borrower Address

2430 Amsler Street Suite B

Borrower City

Torrance

Borrower State

CA

Borrower Zip

90505-5302

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1766700.00

Current Approval Amount

1766700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27010

Servicing Lender Name

Franklin Bank & Trust Company

Servicing Lender Address

317 N Main St

Servicing Lender City

FRANKLIN

Servicing Lender State

KY

Servicing Lender Zip

42134-1815

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Torrance

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90505-5302

CD

CA-36

Jobs Reported

135

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

176670.00

Payroll Proceed

1325025.00

Mortgage Interest Proceed

0.00

Rent Proceed

265005.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

27010

Originating Lender

Franklin Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1780784.53

Forgiveness Date

01/28/2021

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