# PPP loan: PLATINUM AUTO CENTER, INC.
> **$247K** approved 07/15/2020 · Charged Off · Loan `3866928109`
## Borrower
- **Name:** PLATINUM AUTO CENTER, INC.
- **Address:** 3925 ALHAMBRA AVE, MARTINEZ, CA, 94553-3819
- **NAICS:** 812990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Status:** Charged Off
- **Term:** 21 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 7
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*