# PPP loan: PLATINUM SECURITY, INC.
> **$4.71M** approved 04/10/2020 · Paid in Full · Loan `1498997108`
## Borrower
- **Name:** PLATINUM SECURITY, INC.
- **Address:** 11300 West OLYMPIC BLVD Suite 900, LOS ANGELES, CA, 90064-1604
- **NAICS:** 561612
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.71M
- **Initial approval:** $4.71M
- **Forgiven:** $4.77M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.44M
- **Health care:** $275K
- **Jobs reported:** 500
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*