Main Street Registry

Michael D. Thomas Funeral Services, Inc.

Larchmont, NY · Funeral Homes and Funeral Services · NAICS 812210

Michael D. Thomas Funeral Services, Inc. is located in Larchmont, NY, and the SBA lists its industry as Funeral Homes and Funeral Services. It was approved for an SBA 7(a) loan of $2,178,000 for a change of ownership on August 11, 2026.

SBA 7(a) loan, change of ownership, approved Aug 11, 2026

Gross approval
$2,178,000
SBA-guaranteed amount
$1,633,500 (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
8.5%, variable
Term
25 years (300 months)
Estimated maturity
August 11, 2051 (estimated, approval date plus term)
Estimated monthly payment
$17,538 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 28, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
812210, Funeral Homes and Funeral Services
Project location
Westchester County, NY
SBA district office
New York District Office
Congressional district
NY-16
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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 York