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Coughlin Mortuary Service, LLC

Waller, TX · Funeral Homes and Funeral Services · NAICS 812210

Coughlin Mortuary Service, LLC, located in Waller, Texas, 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 $1.51 million, approved by Live Oak Banking Company with an approval date of July 1, 2026.

SBA 7(a) loan, change of ownership, approved Jul 1, 2026

$1,510,000 approvedLender: Live Oak Banking Company25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,510,000
SBA-guaranteed amount
$1,132,500 (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
8.25%, variable
Term
25 years (300 months)
Estimated maturity
July 1, 2051 (estimated, approval date plus term)
Estimated monthly payment
$11,906 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 16, 2026
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
812210, Funeral Homes and Funeral Services
Project location
Harris County, TX
SBA district office
Houston District Office
Congressional district
TX-08
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 44% 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 Texas: $1,944,682.

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 Texas