# PPP loan: UPCAP SERVICES, INC.
> **$1.12M** approved 04/27/2020 · Paid in Full · Loan `5037917210`
## Borrower
- **Name:** UPCAP SERVICES, INC.
- **Address:** 2501 14TH AVE S, ESCANABA, MI, 49829-1290
- **NAICS:** 813219
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.01M
- **Utilities:** $112K
- **Jobs reported:** 138
## Lender
- **Originating:** Upper Peninsula State Bank
- **Servicing:** Upper Peninsula State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*