PPP Loan information for Murdoch funeral homes, inc

$424,000

Murdoch funeral homes, inc was initially approved for PPP Loan of amount $424,000, the current approved amount is $424,000. The loan was approved on 04/04/2020 by The Farmers State Bank reported 25 jobs and $424,000 was used to fund payroll.

Murdoch funeral homes, inc is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR RAPIDS / Murdoch funeral homes, inc

MURDOCH FUNERAL HOMES, INC

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MURDOCH FUNERAL HOMES, INC

Borrower Address

520 Wilson Avenue SW

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52404-3514

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

424000.00

Current Approval Amount

424000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52404-3514

CD

IA-02

Jobs Reported

25

NAICS Code

812210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21200.00

Payroll Proceed

339200.00

Mortgage Interest Proceed

0.00

Rent Proceed

63600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

426650.00

Forgiveness Date

11/27/2020

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