PPP Loan information for Pinnacle construction goup, inc.

$385,932

Pinnacle construction goup, inc. was initially approved for PPP Loan of amount $385,932, the current approved amount is $385,932. The loan was approved on 04/07/2020 by The Mercantile Bank reported 22 jobs and $385,932 was used to fund payroll.

Pinnacle construction goup, inc. is Existing or more than 2 years old

PINNACLE CONSTRUCTION GOUP, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PINNACLE CONSTRUCTION GOUP, INC.

Borrower Address

1000 FRONT AVE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49504-4209

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385932.00

Current Approval Amount

385932.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49504-4209

CD

MI-03

Jobs Reported

22

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8160.00

Payroll Proceed

324436.00

Mortgage Interest Proceed

0.00

Rent Proceed

31018.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22318.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

388163.00

Forgiveness Date

11/05/2020

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