# PPP loan: PINNACLE DEVELOPMENT GROUP INC
> **$326K** approved 04/27/2020 · Paid in Full · Loan `6144977206`
## Borrower
- **Name:** PINNACLE DEVELOPMENT GROUP INC
- **Address:** 154 1st Street, ELIZABETHPORT, NJ, 07206-1881
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $326K
- **Initial approval:** $328K
- **Forgiven:** $227K (70%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $326K
- **Jobs reported:** 60
## 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*