Donnellan-O'donnell-Bartz-Schultz Funeral Home, Inc
Donnellan-O'donnell-Bartz-Schultz Funeral Home, Inc is a funeral home and funeral services business in Chicago, Illinois. It was financed with an SBA 7(a) loan for a change of ownership of $732,000 from United Midwest Savings Bank National Association, with a date of September 1, 2026.
SBA 7(a) loan, change of ownership, approved Sep 1, 2026
$732,000 approvedLender: United Midwest Savings Bank National Association25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $732,000
- SBA-guaranteed amount
- $549,000 (75% of the approval)
- Lender
- United Midwest Savings Bank National Association, De Graff, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 1, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $6,143 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 30, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 812210, Funeral Homes and Funeral Services
- Project location
- Cook County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 12% 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 Illinois: $1,796,780.
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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