PPP Loan information for Macken funeral home inc.

$219,200

Macken funeral home inc. was initially approved for PPP Loan of amount $219,200, the current approved amount is $219,200. The loan was approved on 04/06/2020 by The Merchants Bank, National Association reported 29 jobs and $219,200 was used to fund payroll.

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

MACKEN FUNERAL HOME INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

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

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

219200.00

Current Approval Amount

219200.00

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

29

NAICS Code

812210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6165.00

Payroll Proceed

167235.00

Mortgage Interest Proceed

0.00

Rent Proceed

45800.00

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

221343.29

Forgiveness Date

04/05/2021

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