Anthonly L. Massafra Funeral Home and Cremation Service, Inc.
Anthonly L. Massafra Funeral Home and Cremation Service, Inc. is a funeral home and funeral services business located in Donora, Pennsylvania. The company was financed with an SBA 7(a) loan for a change of ownership of $700,000, approved on May 23, 2025 by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved May 23, 2025
$700,000 approvedLender: Live Oak Banking Company17 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $700,000
- SBA-guaranteed amount
- $525,000 (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
- 9.5%, variable
- Term
- 17 years (204 months)
- Estimated maturity
- May 23, 2042 (estimated, approval date plus term)
- Estimated monthly payment
- $6,928 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 18, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 812210, Funeral Homes and Funeral Services
- Project location
- Washington County, PA
- SBA district office
- Pittsburgh District Office
- Congressional district
- PA-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 7% 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 Pennsylvania: $1,636,965.
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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