PPP Loan information for Teaching-family homes of upper michigan

$550,000

Teaching-family homes of upper michigan was initially approved for PPP Loan of amount $550,000, the current approved amount is $550,000. The loan was approved on 04/09/2020 by The Range Bank reported 67 jobs and $550,000 was used to fund payroll.

Teaching-family homes of upper michigan is Existing or more than 2 years old

TEACHING-FAMILY HOMES OF UPPER MICHIGAN

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TEACHING-FAMILY HOMES OF UPPER MICHIGAN

Borrower Address

1000 SILVER CREEK RD

Borrower City

MARQUETTE

Borrower State

MI

Borrower Zip

49855-8948

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

550000.00

Current Approval Amount

550000.00

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

N

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

49855-8948

CD

MI-01

Jobs Reported

67

NAICS Code

623990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36500.00

Payroll Proceed

428500.00

Mortgage Interest Proceed

15200.00

Rent Proceed

6700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

63100.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

36168

Originating Lender

Range Bank

Originating Lender City

MARQUETTE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

556012.33

Forgiveness Date

05/24/2021

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