Murdoch Funeral Homes, INC

$424,000 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
4763887007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$424,000
Current Approval
$424,000
Forgiveness Amount
$426,650
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Murdoch Funeral Homes, INC
Address
520 Wilson Avenue SW
State
Iowa
ZIP Code
52404-3514
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (812210)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$339,200
Rent
$63,600
Utilities
$21,200

Lender Information

Servicing Lender
Farmers State Bank
Originating Lender
Farmers State Bank

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