# PPP loan: MEMORIAL FUNERAL HOME INC
> **$241K** approved 04/02/2021 · Paid in Full · Loan `5739508707`
## Borrower
- **Name:** MEMORIAL FUNERAL HOME INC
- **Address:** 375 Broadway, Newport, RI, 02840-1754
- **NAICS:** 812210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $242K (100%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $241K
- **Jobs reported:** 27
## Lender
- **Originating:** BankNewport
- **Servicing:** BankNewport (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*