# PPP loan: PINNACLE COATING & CONVERTING, INC
> **$254K** approved 01/16/2021 · Paid in Full · Loan `1080978308`
## Borrower
- **Name:** PINNACLE COATING & CONVERTING, INC
- **Address:** 212 National Ave, Spartanburg, SC, 29303-6316
- **NAICS:** 322220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $255K (100%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $254K
- **Jobs reported:** 22
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*