PPP Loan information for Pinnacle commercial development inc

$1,097,785

Pinnacle commercial development inc was initially approved for PPP Loan of amount $1,097,785, the current approved amount is $1,097,785. The loan was approved on 01/30/2021 by The Loan Source Incorporated reported 58 jobs and $1,097,785 was used to fund payroll.

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

PPP Loan Search / NJ / Point Pleasant Boro / Pinnacle commercial development inc

PINNACLE COMMERCIAL DEVELOPMENT INC

Date Approved

01/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PINNACLE COMMERCIAL DEVELOPMENT INC

Borrower Address

3822 River Rd

Borrower City

Point Pleasant Boro

Borrower State

NJ

Borrower Zip

08742-2067

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1097785.00

Current Approval Amount

1097785.00

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 Boro

Project County Name

OCEAN

Project State

NJ

Project Zip

08742-2067

CD

NJ-04

Jobs Reported

58

NAICS Code

541611

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1097781.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1110777.96

Forgiveness Date

04/19/2022

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