# PPP loan: PINNACLE CONSTRUCTION & DIRECTIONAL BORING, INC.
> **$496K** approved 04/07/2020 · Paid in Full · Loan `7596217000`
## Borrower
- **Name:** PINNACLE CONSTRUCTION & DIRECTIONAL BORING, INC.
- **Address:** 7292 Peppermill Parkway, NORTH CHARLESTON, SC, 29418-7403
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $496K
- **Initial approval:** $496K
- **Forgiven:** $499K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $496K
- **Jobs reported:** 42
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*