# PPP loan: PLATINUM WATER AND FIRE RESTORATION LLC
> **$231K** approved 04/15/2020 · Charged Off · Loan `1459087201`
## Borrower
- **Name:** PLATINUM WATER AND FIRE RESTORATION LLC
- **Address:** 1221 Springhealth Ct, SAINT AUGUSTINE, FL, 32092-2460
- **NAICS:** 236118
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $82K (36%)
- **Forgiveness date:** 08/09/2021
- **Status:** Charged Off
- **Term:** 23 months
## Use of funds
- **Payroll:** $173K
- **Rent:** $16K
- **Utilities:** $42K
- **Jobs reported:** 18
## Lender
- **Originating:** VyStar CU
- **Servicing:** VyStar CU (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*