Main Street Registry

Dancy Funeral Home LLC

Caldwell, NJ · Funeral Homes and Funeral Services · NAICS 812210

Dancy Funeral Home LLC, located in Caldwell, New Jersey, operates in the funeral homes and funeral services industry. The company was financed with an SBA 7(a) loan for a change of ownership of $2.5 million, approved on July 21, 2025, through Customers Bank.

SBA 7(a) loan, change of ownership, approved Jul 21, 2025

$2,538,000 approvedLender: Customers Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,538,000
SBA-guaranteed amount
$1,903,500 (75% of the approval)
Lender
Customers Bank, Malvern, PA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
July 21, 2050 (estimated, approval date plus term)
Estimated monthly payment
$20,437 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 30, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
13
Business type
Corporation
NAICS
812210, Funeral Homes and Funeral Services
Project location
Essex County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-11
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 74% of acquisition loans in Funeral Homes and Funeral Services on this site.
  • Average acquisition loan in Funeral Homes and Funeral Services: $1,957,192.
  • Average acquisition loan in New Jersey: $1,626,307.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in New Jersey