PPP Loan information for Baraga telephone company

$544,900

Baraga telephone company was initially approved for PPP Loan of amount $544,900, the current approved amount is $544,900. The loan was approved on 04/09/2020 by The Range Bank reported 35 jobs and $544,900 was used to fund payroll.

Baraga telephone company is Existing or more than 2 years old

PPP Loan Search / MI / BARAGA / Baraga telephone company

BARAGA TELEPHONE COMPANY

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BARAGA TELEPHONE COMPANY

Borrower Address

204 STATE AVE

Borrower City

BARAGA

Borrower State

MI

Borrower Zip

49908-9662

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

544900.00

Current Approval Amount

544900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36168

Servicing Lender Name

Range Bank

Servicing Lender Address

100 N Front St

Servicing Lender City

MARQUETTE

Servicing Lender State

MI

Servicing Lender Zip

49855-4303

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BARAGA

Project County Name

BARAGA

Project State

MI

Project Zip

49908-9662

CD

MI-01

Jobs Reported

35

NAICS Code

517311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

54490.00

Payroll Proceed

490410.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36168

Originating Lender

Range Bank

Originating Lender City

MARQUETTE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

547885.75

Forgiveness Date

11/03/2020

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