Bullock Funeral Services, Inc.
Bullock Funeral Services, Inc. is a funeral home and funeral services business in Sumter, SC, classified under NAICS 812210. The company was financed with an SBA 7(a) loan for a change of ownership of $5 million, with Live Oak Banking Company as the lender and an approval date of September 23, 2026.
SBA 7(a) loan, change of ownership, approved Sep 23, 2026
$5,000,000 approvedLender: Live Oak Banking Company25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (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
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 23, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $41,107 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 812210, Funeral Homes and Funeral Services
- Project location
- Sumter County, SC
- SBA district office
- South Carolina District Office
- Congressional district
- SC-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 99% 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 South Carolina: $1,827,509.
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 South Carolina
- Jonathan Dwain Holland Funeral Service Licensee, Inc., Pageland
- The Howze Mortuary, Inc, Travelers Rest