Platinum Ford LLC

$542,853 PPP Loan in Terrell, Texas

Loan Details

Loan Number
1284947207
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$542,853
Current Approval
$542,853
Forgiveness Amount
$546,348
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Platinum Ford LLC
Address
85 Spur 557
State
Texas
ZIP Code
75160
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Retail Trade (441110)
Franchise
Ford Motor Company Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$12.3M
Rural/Urban
Rural
Congressional District
TX-05

Loan Use Breakdown

Payroll
$542,853

Lender Information

Servicing Lender
Simmons Bank
Originating Lender
Simmons Bank

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