PPP Loan information for Platinum electric inc.

$45,500

Platinum electric inc. was initially approved for PPP Loan of amount $45,500, the current approved amount is $45,500. The loan was approved on 04/08/2020 by The Mi Bank reported 5 jobs and $45,500 was used to fund payroll.

Platinum electric inc. is Existing or more than 2 years old

PPP Loan Search / MI / MACOMB / Platinum electric inc.

PLATINUM ELECTRIC INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PLATINUM ELECTRIC INC.

Borrower Address

55763 RHINE AVE

Borrower City

MACOMB

Borrower State

MI

Borrower Zip

48042-6189

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45500.00

Current Approval Amount

45500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

525601

Servicing Lender Name

Mi Bank

Servicing Lender Address

3707 W Maple

Servicing Lender City

BLOOMFIELD HILLS

Servicing Lender State

MI

Servicing Lender Zip

48301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MACOMB

Project County Name

MACOMB

Project State

MI

Project Zip

48042-6189

CD

MI-09

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

650.00

Payroll Proceed

44850.00

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

525601

Originating Lender

Mi Bank

Originating Lender City

BLOOMFIELD HILLS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46037.27

Forgiveness Date

06/28/2021

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