# PPP loan: PLATINUM TRANSPORTATION, INC
> **$175K** approved 06/24/2020 · Exemption 4 · Loan `3585928004`
## Borrower
- **Name:** PLATINUM TRANSPORTATION, INC
- **Address:** 9800 US Highway 192, CLERMONT, FL, 34714-8206
- **NAICS:** 485510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $117K (67%)
- **Forgiveness date:** 11/04/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Jobs reported:** 34
## Lender
- **Originating:** Cogent Bank
- **Servicing:** Cogent Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*