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HJHH Investments LLC

Madison, NC · Funeral Homes and Funeral Services · NAICS 812210

HJHH Investments LLC is a funeral home and funeral services business in Madison, North Carolina. The company was financed with an SBA 7(a) loan for a change of ownership of $780,700, approved on December 4, 2024, through The Bancorp Bank National Association.

SBA 7(a) loan, change of ownership, approved Dec 4, 2024

$780,700 approvedLender: The Bancorp Bank National Association280 months termStatus not reported (SBA exemption)Loan details
Gross approval
$780,700
SBA-guaranteed amount
$585,525 (75% of the approval)
Lender
The Bancorp Bank National Association, Sioux Falls, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, variable
Term
23 years, 4 months (280 months)
Estimated maturity
April 4, 2048 (estimated, approval date plus term)
Estimated monthly payment
$6,291 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 13, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
812210, Funeral Homes and Funeral Services
Project location
Rockingham County, NC
SBA district office
North Carolina District Office
Congressional district
NC-10
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 14% 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 North Carolina: $1,952,444.

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 North Carolina