PPP borrower record
CLOVERLAND ELECTRIC COOPERATIVE PPP loan record
Public SBA PPP loan record for CLOVERLAND ELECTRIC COOPERATIVE. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$3,654,750
Approved amount
N/A
Forgiven amount
2020-04-09
Date approved
Borrower and loan details
Borrower
CLOVERLAND ELECTRIC COOPERATIVE
Loan number
9439167004
Business type
Cooperative
Business age
Existing or more than 2 years old
Borrower city
Sault Sainte Marie
Borrower state
Michigan
Borrower ZIP
49783
Jobs reported
114
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
Central Savings Bank
Originating lender
Central Savings Bank
Reported use of proceeds
Payroll
$2,923,800
Rent
N/A
Utilities
N/A
Mortgage interest
$730,950
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.