# PPP loan: PLATINUM VENTURES, INC
> **$250K** approved 04/09/2020 · Paid in Full · Loan `9537507003`
## Borrower
- **Name:** PLATINUM VENTURES, INC
- **Address:** 6577 E 40TH ST, TULSA, OK, 74145-4516
- **NAICS:** 423850
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Mortgage interest:** $4K
- **Utilities:** $16K
- **Jobs reported:** 25
## Lender
- **Originating:** Mabrey Bank
- **Servicing:** Mabrey Bank (OK)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*