PPP Loan information for Platinum transportation

$714,100

Platinum transportation was initially approved for PPP Loan of amount $714,100, the current approved amount is $714,100. The loan was approved on 04/15/2020 by The First Merchants Bank reported 80 jobs and $714,100 was used to fund payroll.

Platinum transportation is Existing or more than 2 years old

PLATINUM TRANSPORTATION

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PLATINUM TRANSPORTATION

Borrower Address

24957 BREST RD

Borrower City

TAYLOR

Borrower State

MI

Borrower Zip

48180-4027

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

714100.00

Current Approval Amount

714100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TAYLOR

Project County Name

WAYNE

Project State

MI

Project Zip

48180-4027

CD

MI-13

Jobs Reported

80

NAICS Code

485320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

714100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

719802.59

Forgiveness Date

02/10/2021

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