Home MarketsMichigan Local market
Funeral Homes and Funeral Services: SBA acquisition loans in Michigan
7 SBA-financed business acquisitions in Michigan classified as Funeral Homes and Funeral Services, FY2024–FY2026. Median loan $1.2M. See which lenders did them.
- Acquisitions financed
- 7
- Total approved
- $8.5M
- Median loan
- $1.2M
- Middle half of loans
- $646K to $1.7M
- Median starting rate
- 8.75%
- Median term
- 16 yrs
How to interpret this profile and build a shortlist →
Small sample. This local profile has 7 recorded approvals in FY2024–FY2026. For a broader comparison, open the Michigan state profile or the national industry profile.
Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Live Oak Banking Company | 5 | 71% | $1.2M | $5.3M |
| 2 | Fifth Third Bank | 1 | 14% | $2.6M | $2.6M |
| 3 | United Midwest Savings Bank National Association | 1 | 14% | $658K | $658K |
For comparison, the same industry nationwide: 122 loans, median $1.5M, median starting rate 8.64%. See Funeral Homes and Funeral Services in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.