# PPP loan: PLATINUM FORD LLC
> **$543K** approved 04/15/2020 · Paid in Full · Loan `1284947207`
## Borrower
- **Name:** PLATINUM FORD LLC
- **Address:** 85 SPUR 557, TERRELL, TX, 75160
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $543K
- **Initial approval:** $543K
- **Forgiven:** $546K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $543K
- **Jobs reported:** 49
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*