PPP Loan information for Platinum corral, llc

$4,700,812

Platinum corral, llc was initially approved for PPP Loan of amount $4,696,645, the current approved amount is $4,700,812. The loan was approved on 04/09/2020 by The Loan Source Incorporated reported 500 jobs and $4,700,812 was used to fund payroll.

Platinum corral, llc is Existing or more than 2 years old

PLATINUM CORRAL, LLC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PLATINUM CORRAL, LLC

Borrower Address

521 NEW BRIDGE ST

Borrower City

JACKSONVILLE

Borrower State

NC

Borrower Zip

28540-5430

Loan Status Date

10/26/2021

Loan Status

Charged Off

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

4696645.00

Current Approval Amount

4700812.00

Undisbursed Amount

0.00

Franchise Name

Golden Corral

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JACKSONVILLE

Project County Name

ONSLOW

Project State

NC

Project Zip

28540-5430

CD

NC-03

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

346664.00

Payroll Proceed

3757316.00

Mortgage Interest Proceed

0.00

Rent Proceed

250000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

296832

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

90426

Originating Lender

Pacific Premier Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2675203.71

Forgiveness Date

08/16/2021

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