# PPP loan: PINNACLE MFG CO INC
> **$286K** approved 04/10/2020 · Paid in Full · Loan `1549407107`
## Borrower
- **Name:** PINNACLE MFG CO INC
- **Address:** 5310 S 32nd St Ste 2, PHOENIX, AZ, 85040-3811
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $286K
- **Initial approval:** $286K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Mortgage interest:** $24K
- **Utilities:** $24K
- **Debt interest:** $24K
- **Jobs reported:** 18
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*