# PPP loan: THE PINNACLE GROUP LLC
> **$189K** approved 04/05/2020 · Paid in Full · Loan `5480737002`
## Borrower
- **Name:** THE PINNACLE GROUP LLC
- **Address:** 620 COUNTRY CLUB RD, IOWA FALLS, IA, 50126-9539
- **NAICS:** 115116
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $189K
- **Initial approval:** $189K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Mortgage interest:** $19K
- **Utilities:** $19K
- **Jobs reported:** 13
## Lender
- **Originating:** Exchange State Bank
- **Servicing:** Exchange State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*