# PPP loan: MACKEN FUNERAL HOME INC.
> **$219K** approved 04/06/2020 · Paid in Full · Loan `6422907001`
## Borrower
- **Name:** MACKEN FUNERAL HOME INC.
- **Address:** 1105 12TH ST SE, ROCHESTER, MN, 55904-5004
- **NAICS:** 812210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Rent:** $46K
- **Utilities:** $6K
- **Jobs reported:** 29
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*