# PPP loan: PINNACLE STRUCTURAL ENGINEERS INC
> **$303K** approved 04/10/2020 · Paid in Full · Loan `2568137109`
## Borrower
- **Name:** PINNACLE STRUCTURAL ENGINEERS INC
- **Address:** 3120 SOUTHWEST FREEWAY STE 410, HOUSTON, TX, 77098-4508
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $367K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $235K
- **Rent:** $48K
- **Health care:** $20K
- **Jobs reported:** 23
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*