Pinnacle, Inc.

$882,475 PPP Loan in Troy, Michigan

Loan Details

Loan Number
8730757005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$882,475
Current Approval
$882,475
Forgiveness Amount
$888,000
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Pinnacle, Inc.
Address
1880 Birchwood Dr
City
Troy
ZIP Code
48083-2213
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531210)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$7.8M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$835,275
Utilities
$4,000
Health Care
$38,000
Mortgage Interest
$5,200

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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