PPP Loan information for Pinnacle commercial development inc

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PINNACLE COMMERCIAL DEVELOPMENT INC

Borrower Address

3822 RIVER RD REAR BLDG

Borrower City

POINT PLEASANT BEACH

Borrower State

NJ

Borrower Zip

08742-2054

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

919287.25

Current Approval Amount

919287.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POINT PLEASANT BEACH

Project County Name

OCEAN

Project State

NJ

Project Zip

08742-2054

CD

NJ-04

Jobs Reported

56

NAICS Code

541611

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

919287.25

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

Subchapter S Corporation

Originating Lender Location Id

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

927548.24

Forgiveness Date

03/09/2021