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Thumb Electric Cooperative

$773,800 PPP Loan in Ubly, Michigan

Loan Details

Loan Number
5504797102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$773,800
Current Approval
$773,800
Forgiveness Amount
$782,376
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Thumb Electric Cooperative
Address
2231 Main Street
City
Ubly
State
Michigan
ZIP Code
48475-0001
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
MI-09

Loan Use Breakdown

Payroll
$773,800

Lender Information

Servicing Lender
Northstar Bank
Originating Lender
Northstar Bank

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