Macken Funeral Home Inc.

$219,200 PPP Loan in Rochester, Minnesota

Loan Details

Loan Number
6422907001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$219,200
Current Approval
$219,200
Forgiveness Amount
$221,343
Forgiveness Date
Apr 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Macken Funeral Home Inc.
Address
1105 12th St SE
ZIP Code
55904-5004
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (812210)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$167,235
Rent
$45,800
Utilities
$6,165

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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