Funeral Homes and Funeral Services: SBA acquisition lenders
122 recorded SBA 7(a) acquisition approvals for Funeral Homes and Funeral Services, FY2024–FY2026. Median approved loan: $1.5M. See lenders and activity by state.
- Acquisitions financed
- 122
- Total approved
- $209.7M
- Median loan
- $1.5M
- Middle half of loans
- $760K to $2.4M
- Median starting rate
- 8.64%
- Median term
- 25 yrs
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Lenders financing the most acquisitions in this industry
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 62 | 51% | $1.8M | $119.7M |
| 2 | The Bancorp Bank National Association | 7 | 6% | $1.3M | $9.3M |
| 3 | United Midwest Savings Bank National Association | 6 | 5% | $1.6M | $9.1M |
| 4 | North Valley Bank | 5 | 4% | $2.3M | $11.4M |
| 5 | Union Bank and Trust Company | 4 | 3% | $158K | $690K |
| 6 | The Huntington National Bank | 3 | 2% | $285K | $1.2M |
| 7 | Merchants Bank of Indiana | 2 | 2% | $2.6M | $5.1M |
| 8 | U.S. Bank, National Association | 2 | 2% | $1.8M | $3.6M |
| 9 | First Community CU | 1 | 1% | $4.5M | $4.5M |
| 10 | Old National Bank | 1 | 1% | $4.4M | $4.4M |
| 11 | Bank of Oak Ridge | 1 | 1% | $3.8M | $3.8M |
| 12 | First-Citizens Bank & Trust Company | 1 | 1% | $3.1M | $3.1M |
| 13 | Fifth Third Bank | 1 | 1% | $2.6M | $2.6M |
| 14 | Customers Bank | 1 | 1% | $2.5M | $2.5M |
| 15 | Commercial Bank of California | 1 | 1% | $2.5M | $2.5M |
Activity by state
| State | Loans | Median loan | Total approved |
|---|---|---|---|
| Pennsylvania | 16 | $792K | $17.0M |
| Illinois | 14 | $1.9M | $26.8M |
| New Jersey | 12 | $1.4M | $19.7M |
| Ohio | 8 | $1.1M | $10.8M |
| New York | 7 | $2.2M | $13.1M |
| North Carolina | 7 | $1.0M | $10.4M |
| Michigan | 7 | $1.2M | $8.5M |
| Georgia | 6 | $2.7M | $15.1M |
| Indiana | 5 | $3.7M | $14.9M |
| Wisconsin | 5 | $860K | $5.7M |
| Nebraska | 4 | $158K | $690K |
| South Carolina | 3 | $3.1M | $11.3M |
| Missouri | 3 | $3.0M | $7.8M |
| Alabama | 3 | $985K | $5.0M |
| North Dakota | 2 | $2.8M | $5.6M |
| California | 2 | $2.4M | $4.8M |
| Texas | 2 | $2.2M | $4.4M |
| Colorado | 2 | $1.7M | $3.4M |
| Kansas | 2 | $883K | $1.8M |
| Kentucky | 2 | $699K | $1.4M |
| Massachusetts | 1 | $4.8M | $4.8M |
| Louisiana | 1 | $4.2M | $4.2M |
| Virginia | 1 | $2.9M | $2.9M |
| Florida | 1 | $2.5M | $2.5M |
| Nevada | 1 | $2.1M | $2.1M |
| Tennessee | 1 | $1.7M | $1.7M |
| Maine | 1 | $953K | $953K |
| Utah | 1 | $900K | $900K |
| South Dakota | 1 | $813K | $813K |
| Oklahoma | 1 | $807K | $807K |