# PPP loan: PINNACLE PARTNERS, INC.
> **$1.61M** approved 04/08/2020 · Paid in Full · Loan `7930897001`
## Borrower
- **Name:** PINNACLE PARTNERS, INC.
- **Address:** 9515 DELEGATES ROW, INDIANAPOLIS, IN, 46240-3807
- **NAICS:** 561311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.61M
- **Jobs reported:** 119
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*