PPP Loan information for Karvonen & son funeral home, inc.

$40,929

Karvonen & son funeral home, inc. was initially approved for PPP Loan of amount $40,929, the current approved amount is $40,929. The loan was approved on 04/10/2020 by The Farmers & Merchants State Bank of New York Mills, Incorporated reported 14 jobs and $40,929 was used to fund payroll.

Karvonen & son funeral home, inc. is Existing or more than 2 years old

KARVONEN & SON FUNERAL HOME, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KARVONEN & SON FUNERAL HOME, INC.

Borrower Address

110 S BROADWAY Ave

Borrower City

NEW YORK MILLS

Borrower State

MN

Borrower Zip

56567-4427

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40929.40

Current Approval Amount

40929.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38692

Servicing Lender Name

Farmers & Merchants State Bank of New York Mills, Incorporated

Servicing Lender Address

11 N Walker Ave

Servicing Lender City

NEW YORK MILLS

Servicing Lender State

MN

Servicing Lender Zip

56567-4424

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW YORK MILLS

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56567-4427

CD

MN-07

Jobs Reported

14

NAICS Code

812210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40929.40

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38692

Originating Lender

Farmers & Merchants State Bank of New York Mills, Incorporated

Originating Lender City

NEW YORK MILLS

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41228.80

Forgiveness Date

01/07/2021

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