Stickle-Soltesz Funeral & Cremation Services Inc
Stickle-Soltesz Funeral & Cremation Services Inc is a funeral home and funeral services business in Newfoundland, New Jersey, classified under NAICS code 812210. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,910,000, from Live Oak Banking Company, with approval dated September 21, 2026.
SBA 7(a) loan, change of ownership, approved Sep 21, 2026
$1,910,000 approvedLender: Live Oak Banking Company25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,910,000
- SBA-guaranteed amount
- $1,432,500 (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%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 21, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $14,742 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 812210, Funeral Homes and Funeral Services
- Project location
- Passaic County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 52% 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 New Jersey: $1,626,307.
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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