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Boron Funeral Home Inc

Pittsburgh, PA · Funeral Homes and Funeral Services · NAICS 812210

Boron Funeral Home Inc, located in Pittsburgh, Pennsylvania, operates in the funeral homes and funeral services industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1.31 million, approved on March 7, 2025, by Live Oak Banking Company.

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

$1,310,000 approvedLender: Live Oak Banking Company203 months termStatus not reported (SBA exemption)Loan details
Gross approval
$1,310,000
SBA-guaranteed amount
$982,500 (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
16 years, 11 months (203 months)
Estimated maturity
February 7, 2042 (estimated, approval date plus term)
Estimated monthly payment
$12,108 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 31, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
812210, Funeral Homes and Funeral Services
Project location
Allegheny County, PA
SBA district office
Pittsburgh District Office
Congressional district
PA-18
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 37% 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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Same industry in Pennsylvania