PPP Loan information for Platinum distributing inc

$260,900

Platinum distributing inc was initially approved for PPP Loan of amount $260,900, the current approved amount is $260,900. The loan was approved on 04/10/2020 by The The Farmers & Merchants Bank reported 36 jobs and $260,900 was used to fund payroll.

Platinum distributing inc is Existing or more than 2 years old

PPP Loan Search / AR / FORT SMITH / Platinum distributing inc

PLATINUM DISTRIBUTING INC

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

PLATINUM DISTRIBUTING INC

Borrower Address

1400 JACKSON ST

Borrower City

FORT SMITH

Borrower State

AR

Borrower Zip

72901-7246

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260900.00

Current Approval Amount

260900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4784

Servicing Lender Name

The Farmers & Merchants Bank

Servicing Lender Address

708 S Main St

Servicing Lender City

STUTTGART

Servicing Lender State

AR

Servicing Lender Zip

72160-4806

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FORT SMITH

Project County Name

SEBASTIAN

Project State

AR

Project Zip

72901-7246

CD

AR-03

Jobs Reported

36

NAICS Code

424490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

260900.00

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

Corporation

Originating Lender Location Id

4784

Originating Lender

The Farmers & Merchants Bank

Originating Lender City

STUTTGART

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

262436.25

Forgiveness Date

11/27/2020

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