Platinum Corral, LLC

$4,696,645 PPP Loan in Jacksonville, North Carolina

Loan Details

Loan Number
9553167008
Date Approved
Apr 9, 2020
Loan Status
Charged Off
Initial Approval
$4,696,645
Current Approval
$4,700,812
Forgiveness Amount
$2,675,204
Forgiveness Date
Aug 16, 2021
Term
2 months
Draw
First Draw

Business Information

Business Name
Platinum Corral, LLC
Address
521 New Bridge St
ZIP Code
28540-5430
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Golden Corral
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Urban
Congressional District
NC-03

Loan Use Breakdown

Payroll
$3,757,316
Rent
$250,000
Utilities
$346,664
Health Care
$50,000
Debt Interest
$296,832

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Pacific Premier Bank

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