# PPP loan: PINNANCLE DEVELOPMENT GROUP INC.
> **$348K** approved 02/09/2021 · Paid in Full · Loan `5587298400`
## Borrower
- **Name:** PINNANCLE DEVELOPMENT GROUP INC.
- **Address:** 2444 Morris Ave, Union, NJ, 07083-5719
- **NAICS:** 236116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $348K
- **Jobs reported:** 56
## Lender
- **Originating:** ConnectOne Bank
- **Servicing:** ConnectOne Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*