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Swords Funeral Home, LLC

Summerville, GA · Funeral Homes and Funeral Services · NAICS 812210

Swords Funeral Home, LLC, located in Summerville, Georgia, operates in the funeral homes and funeral services industry. The business was financed with an SBA 7(a) loan for a change of ownership of $2,331,000, approved on December 20, 2024, through North Valley Bank.

SBA 7(a) loan, change of ownership, approved Dec 20, 2024

$2,331,000 approvedLender: North Valley Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,331,000
SBA-guaranteed amount
$1,748,250 (75% of the approval)
Lender
North Valley Bank, Zanesville, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
25 years (300 months)
Estimated maturity
December 20, 2049 (estimated, approval date plus term)
Estimated monthly payment
$20,772 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 1, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
9
Business type
Corporation
NAICS
812210, Funeral Homes and Funeral Services
Project location
Chattooga County, GA
SBA district office
Georgia District Office
Congressional district
GA-14
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 66% 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 Georgia: $2,017,638.

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 Georgia