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Wasko Funeral Home, Inc.

Campbell, OH · Funeral Homes and Funeral Services · NAICS 812210

Wasko Funeral Home, Inc. is a funeral home business in Campbell, Ohio, operating in the funeral homes and funeral services industry. The business was financed with an SBA 7(a) loan for a change of ownership of $2.14 million from Live Oak Banking Company, approved on July 23, 2025.

SBA 7(a) loan, change of ownership, approved Jul 23, 2025

$2,140,000 approvedLender: Live Oak Banking Company14 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,140,000
SBA-guaranteed amount
$1,605,000 (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
7.75%, variable
Term
14 years (168 months)
Estimated maturity
July 23, 2039 (estimated, approval date plus term)
Estimated monthly payment
$20,912 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
812210, Funeral Homes and Funeral Services
Project location
Mahoning County, OH
SBA district office
Columbus District Office
Congressional district
OH-13
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 61% 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 Ohio: $1,840,340.

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 Ohio