PPP Loan information for Pinnacle development group inc

$325,500

Pinnacle development group inc was initially approved for PPP Loan of amount $327,500, the current approved amount is $325,500. The loan was approved on 04/27/2020 by The ConnectOne Bank reported 60 jobs and $325,500 was used to fund payroll.

Pinnacle development group inc is Existing or more than 2 years old

PINNACLE DEVELOPMENT GROUP INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PINNACLE DEVELOPMENT GROUP INC

Borrower Address

154 1st Street

Borrower City

ELIZABETHPORT

Borrower State

NJ

Borrower Zip

07206-1881

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

327500.00

Current Approval Amount

325500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

432941

Servicing Lender Name

ConnectOne Bank

Servicing Lender Address

301 Sylvan Ave

Servicing Lender City

ENGLEWOOD CLIFFS

Servicing Lender State

NJ

Servicing Lender Zip

07632-2539

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETHPORT

Project County Name

UNION

Project State

NJ

Project Zip

07206-1881

CD

NJ-08

Jobs Reported

60

NAICS Code

236115

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

325500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

432941

Originating Lender

ConnectOne Bank

Originating Lender City

ENGLEWOOD CLIFFS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226996.48

Forgiveness Date

07/02/2021

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