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Blue Lotus Funeral Services, LLC

Tilton, IL · Funeral Homes and Funeral Services · NAICS 812210

Blue Lotus Funeral Services, LLC is a funeral home and funeral services business in Tilton, Illinois, classified under NAICS 812210. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $716,500 from The Huntington National Bank, approved on September 30, 2026.

SBA 7(a) loan, change of ownership, approved Sep 30, 2026

$716,500 approvedLender: The Huntington National Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$716,500
SBA-guaranteed amount
$537,375 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
September 30, 2051 (estimated, approval date plus term)
Estimated monthly payment
$5,769 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
8
Business type
Corporation
NAICS
812210, Funeral Homes and Funeral Services
Project location
Vermilion County, IL
SBA district office
Illinois District Office
Congressional district
IL-15
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 10% 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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Same industry in Illinois