# PPP loan: PINECREST CONSTRUCTION AND DEVELOPMENT CO
> **$341K** approved 04/07/2020 · Paid in Full · Loan `6762407000`
## Borrower
- **Name:** PINECREST CONSTRUCTION AND DEVELOPMENT CO
- **Address:** 9425 DOUBLE R BLVD, RENO, NV, 89521-5904
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $344K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $277K
- **Rent:** $18K
- **Utilities:** $8K
- **Health care:** $38K
- **Debt interest:** $600
- **Jobs reported:** 20
## Lender
- **Originating:** Meadows Bank
- **Servicing:** Meadows Bank (NV)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*