Yost & Yost, LLC
Yost & Yost, LLC is a funeral home and funeral services business located in Monticello, Illinois. The company was financed with an SBA 7(a) loan for a change of ownership of $1.53 million, approved on May 21, 2026, by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved May 21, 2026
$1,530,000 approvedLender: Live Oak Banking Company15 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,530,000
- SBA-guaranteed amount
- $1,147,500 (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
- 8.4%, variable
- Term
- 15 years (180 months)
- Estimated maturity
- May 21, 2041 (estimated, approval date plus term)
- Estimated monthly payment
- $14,977 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 2, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 812210, Funeral Homes and Funeral Services
- Project location
- Piatt County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-13
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 45% 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 Illinois: $1,796,780.
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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