PPP Loan information for Macken funeral home inc.

$219,260

Macken funeral home inc. was initially approved for PPP Loan of amount $219,260, the current approved amount is $219,260. The loan was approved on 01/21/2021 by The Merchants Bank, National Association reported 14 jobs and $219,260 was used to fund payroll.

Macken funeral home inc. is Existing or more than 2 years old

PPP Loan Search / MN / Rochester / Macken funeral home inc.

MACKEN FUNERAL HOME INC.

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MACKEN FUNERAL HOME INC.

Borrower Address

1105 12th St SE

Borrower City

Rochester

Borrower State

MN

Borrower Zip

55904-5004

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

219260.00

Current Approval Amount

219260.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

OLMSTED

Project State

MN

Project Zip

55904-5004

CD

MN-01

Jobs Reported

14

NAICS Code

812210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

219256.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

221659.68

Forgiveness Date

02/25/2022

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