# PPP loan: UPPER PENINSULA CONCRETE PIPE CO.
> **$640K** approved 02/24/2021 · Paid in Full · Loan `3870628508`
## Borrower
- **Name:** UPPER PENINSULA CONCRETE PIPE CO.
- **Address:** 6480 US 2 and 41, Escanaba, MI, 49829
- **NAICS:** 327332
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $640K
- **Initial approval:** $640K
- **Forgiven:** $644K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $640K
- **Utilities:** $1
- **Jobs reported:** 41
## Lender
- **Originating:** First Bank, Upper Michigan
- **Servicing:** First Bank, Upper Michigan (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*