Blog – Page 2 – Platinum Bank

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PPP LOAN FORGIVENESS PROCESS

On Wednesday evening, the $349 billion Paycheck Protection Program (“PPP”) fund was exhausted. Washington is considering additional funding but until that occurs, banks cannot secure authorization for any new PPP loan requests. If you received…

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HOW PLATINUM BANK IS HELPING BUSINESSES OBTAIN PPP LOANS DURING THE COVID-19 PANDEMIC

The federal Paycheck Protection Program (PPP) is providing a $349 billion lifeline to small businesses across the United States. The PPP offers small businesses forgivable loans to cover the cost of paying their employees during the COVID-19 pandemic. For many companies, PPP loans have made the difference between laying employees off and keeping everyone on the payroll.

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PAYCHECK PROTECTION PROGRAM (PPP) LOAN INFORMATION

Beginning Friday, April 3, 2020, the SBA will begin accepting applications for Paycheck Protection Program (PPP) loans. Funds in this program are expected to run out quickly. There are specific calls to action you must do for potential entry…

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PREPARING FOR CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT

Platinum Bank is Standing Ready to Support Our Clients and Business Communities On Friday, March 27, 2020, legislation was passed and signed into law that will undoubtedly provide much needed support and relief for small business. The CARES…

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OAKDALE LOCATION

7667 Tenth Street North
Oakdale, Minnesota 55128

Hours Monday – Friday, 7:30 am to 5:00 pm

Phone 651-332-5200

Fax 651-332-5201

Lost or stolen ATM/Debit cards (after hours) 1-866-546-8273

PLYMOUTH LOCATION

605 North Hwy. 169, Suite 100
Plymouth, Minnesota 55441

Hours Monday – Friday, 8:00 am to 4:00 pm

Phone 763-450-3300

Fax 763-450-2116

Lost or stolen ATM/Debit cards (after hours) 1-866-546-8273

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