PPP Loan information for Pinnacle enterprise business

$330,000

Pinnacle enterprise business was initially approved for PPP Loan of amount $330,000, the current approved amount is $330,000. The loan was approved on 02/27/2021 by The PNC Bank, National Association reported 11 jobs and $330,000 was used to fund payroll.

Pinnacle enterprise business is Existing or more than 2 years old

PINNACLE ENTERPRISE BUSINESS

Date Approved

02/27/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

PINNACLE ENTERPRISE BUSINESS

Borrower Address

7150 Chesapeake Rd Ste 201 7150 Chesapeake Rd Ste 201

Borrower City

Hyattsville

Borrower State

MD

Borrower Zip

20784-2396

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

330000.00

Current Approval Amount

330000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hyattsville

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20784-2396

CD

MD-04

Jobs Reported

11

NAICS Code

541511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

329995.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

178476.64

Forgiveness Date

01/31/2023

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