HJHH Investments LLC
HJHH Investments LLC is a funeral home and funeral services business in Madison, North Carolina. The company was financed with an SBA 7(a) loan for a change of ownership of $780,700, approved on December 4, 2024, through The Bancorp Bank National Association.
SBA 7(a) loan, change of ownership, approved Dec 4, 2024
$780,700 approvedLender: The Bancorp Bank National Association280 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $780,700
- SBA-guaranteed amount
- $585,525 (75% of the approval)
- Lender
- The Bancorp Bank National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 23 years, 4 months (280 months)
- Estimated maturity
- April 4, 2048 (estimated, approval date plus term)
- Estimated monthly payment
- $6,291 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 812210, Funeral Homes and Funeral Services
- Project location
- Rockingham County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 14% 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 North Carolina: $1,952,444.
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 North Carolina
- Poe Funeral & Cremation Services, LLC, Charlotte
- CDSJ Holdings LLC, Spring Hope
- Cook Bereavement Services LLC, Mount Holly
- Bennett Funeral Service, Inc., Newton