Teaching-Family Homes of Upper Michigan

$550,000 PPP Loan in Marquette, Michigan

Loan Details

Loan Number
9330037007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$550,000
Current Approval
$550,000
Forgiveness Amount
$556,012
Forgiveness Date
May 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Teaching-Family Homes of Upper Michigan
Address
1000 Silver Creek Rd
ZIP Code
49855-8948
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623990)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$428,500
Rent
$6,700
Utilities
$36,500
Health Care
$63,100
Mortgage Interest
$15,200

Lender Information

Servicing Lender
Range Bank
Originating Lender
Range Bank

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