PPP Loan information for Platform systems corporation

$826,800

Platform systems corporation was initially approved for PPP Loan of amount $826,800, the current approved amount is $826,800. The loan was approved on 04/06/2020 by The Live Oak Banking Company reported 65 jobs and $826,800 was used to fund payroll.

Platform systems corporation is Existing or more than 2 years old

PLATFORM SYSTEMS CORPORATION

Date Approved

04/06/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

PLATFORM SYSTEMS CORPORATION

Borrower Address

43960 Airport View Drive

Borrower City

Hollywood

Borrower State

MD

Borrower Zip

20636

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

826800.00

Current Approval Amount

826800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hollywood

Project County Name

SAINT MARYS

Project State

MD

Project Zip

20636-0001

CD

MD-05

Jobs Reported

65

NAICS Code

336411

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

826800.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

822305.01

Forgiveness Date

12/10/2020

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