Baraga Telephone Company

$544,900 PPP Loan in Baraga, Michigan

Loan Details

Loan Number
8962857010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$544,900
Current Approval
$544,900
Forgiveness Amount
$547,886
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Baraga Telephone Company
Address
204 State Ave
City
Baraga
ZIP Code
49908-9662
Business Type
Subchapter S Corporation
Industry (NAICS)
Information (517311)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$5.9M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$490,410
Utilities
$54,490

Lender Information

Servicing Lender
Range Bank
Originating Lender
Range Bank

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