# PPP loan: PINNACLE DESIGN INC
> **$158K** approved 04/30/2020 · Paid in Full · Loan `7691787310`
## Borrower
- **Name:** PINNACLE DESIGN INC
- **Address:** 1048 N 44TH ST STE 200, PHOENIX, AZ, 85008-5754
- **NAICS:** 541320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 10/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Jobs reported:** 15
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*