PPP Loan information for Michaelson funeral homes inc.

$205,400

Michaelson funeral homes inc. was initially approved for PPP Loan of amount $205,400, the current approved amount is $205,400. The loan was approved on 04/06/2020 by The Community Bank Owatonna reported 14 jobs and $205,400 was used to fund payroll.

Michaelson funeral homes inc. is Existing or more than 2 years old

PPP Loan Search / MN / OWATONNA / Michaelson funeral homes inc.

MICHAELSON FUNERAL HOMES INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MICHAELSON FUNERAL HOMES INC.

Borrower Address

1930 AUSTIN RD

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-4404

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205400.00

Current Approval Amount

205400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317317

Servicing Lender Name

Community Bank Owatonna

Servicing Lender Address

640 Bridge St

Servicing Lender City

OWATONNA

Servicing Lender State

MN

Servicing Lender Zip

55060-2702

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-4404

CD

MN-01

Jobs Reported

14

NAICS Code

812210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

205400.00

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

317317

Originating Lender

Community Bank Owatonna

Originating Lender City

OWATONNA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

196496.41

Forgiveness Date

11/05/2020

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