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Upper Peninsula Power Company

$4,147,800 PPP Loan in Marquette, Michigan

Loan Details

Loan Number
6641327004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$4,147,800
Current Approval
$4,147,800
Forgiveness Amount
$4,195,528
Forgiveness Date
Jun 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Upper Peninsula Power Company
Address
1002 Harbor Hills Dr
City
Marquette
State
Michigan
ZIP Code
49855-8851
Business Type
Corporation
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
175
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$3,318,200
Debt Interest
$829,600

Lender Information

Servicing Lender
Range Bank
Originating Lender
Range Bank

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