PPP Loan information for Pinnacle tools, inc.

$76,870

Pinnacle tools, inc. was initially approved for PPP Loan of amount $76,870, the current approved amount is $76,870. The loan was approved on 08/03/2020 by The 1st State Bank reported 7 jobs and $76,870 was used to fund payroll.

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

PINNACLE TOOLS, INC.

Date Approved

08/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PINNACLE TOOLS, INC.

Borrower Address

127 ENTREPRENEUR DR

Borrower City

SAINT CHARLES

Borrower State

MI

Borrower Zip

48655-9600

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76870.00

Current Approval Amount

76870.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CHARLES

Project County Name

SAGINAW

Project State

MI

Project Zip

48655-9600

CD

MI-04

Jobs Reported

7

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4780.00

Payroll Proceed

69240.00

Mortgage Interest Proceed

0.00

Rent Proceed

2850.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77657.92

Forgiveness Date

08/19/2021

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