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Dutcavich Funeral Home and Cremation Care, Inc.

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

Dutcavich Funeral Home and Cremation Care, Inc. is a funeral home business in Minersville, Pennsylvania, classified under the funeral homes and funeral services industry. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $500,000, approved by Live Oak Banking Company on March 25, 2025.

SBA 7(a) loan, change of ownership, approved Mar 25, 2025

$500,000 approvedLender: Live Oak Banking Company16 years termStatus not reported (SBA exemption)Loan details
Gross approval
$500,000
SBA-guaranteed amount
$375,000 (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
8.7%, variable
Term
16 years (192 months)
Estimated maturity
March 25, 2041 (estimated, approval date plus term)
Estimated monthly payment
$4,832 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 2, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
812210, Funeral Homes and Funeral Services
Project location
Schuylkill County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-09
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • 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.

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Same industry in Pennsylvania