PPP Loan information for Upper peninsula power company

$4,147,800

Upper peninsula power company was initially approved for PPP Loan of amount $4,147,800, the current approved amount is $4,147,800. The loan was approved on 04/07/2020 by The Range Bank reported 175 jobs and $4,147,800 was used to fund payroll.

Upper peninsula power company is Existing or more than 2 years old

PPP Loan Search / MI / MARQUETTE / Upper peninsula power company

UPPER PENINSULA POWER COMPANY

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

UPPER PENINSULA POWER COMPANY

Borrower Address

1002 HARBOR HILLS DR

Borrower City

MARQUETTE

Borrower State

MI

Borrower Zip

49855-8851

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4147800.00

Current Approval Amount

4147800.00

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

49855-8851

CD

MI-01

Jobs Reported

175

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3318200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

829600

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

4195528.11

Forgiveness Date

06/14/2021

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