# PPP loan: TEACHING-FAMILY HOMES OF UPPER MICHIGAN
> **$550K** approved 04/09/2020 · Paid in Full · Loan `9330037007`
## Borrower
- **Name:** TEACHING-FAMILY HOMES OF UPPER MICHIGAN
- **Address:** 1000 SILVER CREEK RD, MARQUETTE, MI, 49855-8948
- **NAICS:** 623990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $556K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $429K
- **Rent:** $7K
- **Mortgage interest:** $15K
- **Utilities:** $37K
- **Health care:** $63K
- **Jobs reported:** 67
## Lender
- **Originating:** Range Bank
- **Servicing:** Range Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*