PPP Loan Data — Pinnacle Solutions, Inc., Huntsville, AL
Pinnacle Solutions, Inc.
Location: Huntsville, ALTweet This • Search All PPP Data
Pinnacle Solutions, Inc. is a corporation located at 5030 Bradford Dr in Huntsville, Alabama that received a Coronavirus-related PPP loan from the SBA of $6,032,500.00 in April, 2020.
$ PPP Loan Information
Pinnacle Solutions, Inc. received a Paycheck Protection Loan of $6.03M through SERVISFIRST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pinnacle Solutions, Inc.'s total 2019 payroll expenses were approximately $28.96M in order to qualify for the PPP loan amount received.
Based on their reported 419 jobs retained, this equals an estimated average yearly compensation of $69,107 per employee1.
Business Information - Pinnacle Solutions, Inc. in Huntsville, AL
5030 Bradford Dr
Huntsville, AL 35805
Other Aircraft Parts and Auxiliary Equipment Manufacturing (NAICS code 336413)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AL-05
Similar Companies near Huntsville
In the Huntsville area, 3 businesses in the "Other Aircraft Parts and Auxiliary Equipment Manufacturing" industry received a PPP loan. These local businesses reported an average of 157 employees (compared to this company's 419) and received an average PPP loan of $2,183,561 (compared to this company's $6.03M).
Similar Nearby Businesses Who Received PPP Funding:
APT Aerospace LLC
Adept Technologies LLC
Industry PPP Comparison Statistics
Nationwide, 841 businesses in the "Other Aircraft Parts and Auxiliary Equipment Manufacturing" industry received a total of $453,528,343.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 33 employees, 92% lower than Pinnacle Solutions, Inc.'s reported 419 employees, and received an average PPP loan of $539,273, 91% lower than this company's loan of $6.03M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!