# PPP loan: PINNACLE TOOL & SUPPLY INC
> **$268K** approved 01/22/2021 · Paid in Full · Loan `3629788307`
## Borrower
- **Name:** PINNACLE TOOL & SUPPLY INC
- **Address:** 2700 Centennial Rd, Toledo, OH, 43617-1829
- **NAICS:** 423840
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $271K (101%)
- **Forgiveness date:** 12/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $268K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*