Platinum Empire Group, INC

$1,766,700 PPP Loan in Torrance, California

Loan Details

Loan Number
9467077009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,766,700
Current Approval
$1,766,700
Forgiveness Amount
$1,780,785
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Platinum Empire Group, INC
Address
2430 Amsler Street Suite B
ZIP Code
90505-5302
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541990)
Business Age
Existing or more than 2 years old
Jobs Reported
135
Estimated Revenue
$18.9M
Rural/Urban
Urban
Congressional District
CA-36

Loan Use Breakdown

Payroll
$1,325,025
Rent
$265,005
Utilities
$176,670

Lender Information

Servicing Lender
Franklin Bank & Trust Company
Originating Lender
Franklin Bank & Trust Company

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