PPP Loan information for Marquette food cooperative, inc.

$446,400

Marquette food cooperative, inc. was initially approved for PPP Loan of amount $446,400, the current approved amount is $446,400. The loan was approved on 04/14/2020 by The Range Bank reported 75 jobs and $446,400 was used to fund payroll.

Marquette food cooperative, inc. is Existing or more than 2 years old

MARQUETTE FOOD COOPERATIVE, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MARQUETTE FOOD COOPERATIVE, INC.

Borrower Address

502 W WASHINGTON ST

Borrower City

MARQUETTE

Borrower State

MI

Borrower Zip

49855-4143

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

446400.00

Current Approval Amount

446400.00

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

MARQUETTE

Project County Name

MARQUETTE

Project State

MI

Project Zip

49855-4143

CD

MI-01

Jobs Reported

75

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18400.00

Payroll Proceed

393500.00

Mortgage Interest Proceed

14500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

20000

Business Type

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

448784.88

Forgiveness Date

11/03/2020

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