Financing for Funeral Homes and Funeral Services

Looking for commercial loans for funeral homes and funeral services? An SBA loan may be just what you've been looking for. This $340,000 funeral homes and funeral services loan was issued by a Kansas bank.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Emprise Bank, out of Hillsboro, Kansas. The loan was granted and they received $340,000 to help grow their Hillsboro, Kansas business.

SBA Loan Borrower

COMPANY TYPE: FUNERAL SERVICE AND CREMATORIES
HILLSBORO, KS 67063

SBA Loan Lender

EMPRISE BANK
104 E GRAND
HILLSBORO, KS 67063

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7261 - Funeral Service and Crematories

NAICS Code

812210 - Funeral Homes and Funeral Services

Loan Approval Date

8/29/2001

Loan Approval Gross Amount

$340,000

Loan Approval from the SBA

Of the total $340,000 loan amount, the SBA guaranteed $255,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The SBA loan documents did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This SBA loan was for $340,000. How would you spend $340,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Obtaining Funding - How to Borrow Money

Who Lends Money to Small Businesses in Hillsboro, Kansas

Getting a Business Loan in Kansas