Main Street Registry

Dengler-Sowers Funeral Home & Crematory, LLC

Birdsboro, PA · Funeral Homes and Funeral Services · NAICS 812210

Dengler-Sowers Funeral Home & Crematory, LLC is a funeral home and funeral services business located in Birdsboro, Pennsylvania, in the Funeral Homes and Funeral Services industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1.92 million, approved on September 26, 2024, by Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Sep 26, 2024

$1,920,000 approvedLender: Live Oak Banking Company18 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,920,000
SBA-guaranteed amount
$1,440,000 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
18 years (216 months)
Estimated maturity
September 26, 2042 (estimated, approval date plus term)
Estimated monthly payment
$18,584 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 8, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
812210, Funeral Homes and Funeral Services
Project location
Berks County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 53% 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 Pennsylvania: $1,636,965.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Pennsylvania