# PPP loan: PLATINUM X CONSTRUCTION CORP
> **$672K** approved 04/14/2020 · Paid in Full · Loan `6697977108`
## Borrower
- **Name:** PLATINUM X CONSTRUCTION CORP
- **Address:** 15791 ROCKFIELD BLVD STE C, IRVINE, CA, 92618-2811
- **NAICS:** 236116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $672K
- **Initial approval:** $870K
- **Forgiven:** $676K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $672K
- **Jobs reported:** 70
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*