# PPP loan: PINNACLE PLASTERING INC
> **$300K** approved 04/28/2020 · Exemption 4 · Loan `9745337201`
## Borrower
- **Name:** PINNACLE PLASTERING INC
- **Address:** 75732 Clyde Higgingbotham Rd, Yulee, FL, 32097-3873
- **NAICS:** 424410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $272K (91%)
- **Forgiveness date:** 10/28/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $293K
- **Mortgage interest:** $8K
- **Jobs reported:** 34
## Lender
- **Originating:** VyStar CU
- **Servicing:** VyStar CU (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*