McCabe Funeral Home Inc
McCabe Funeral Home Inc is a funeral home and funeral services business in Punxsutawney, Pennsylvania (NAICS 812210). The company was financed with an SBA 7(a) loan for a change of ownership of $2,050,000 from Live Oak Banking Company, with approval dated September 29, 2026.
SBA 7(a) loan, change of ownership, approved Sep 29, 2026
$2,050,000 approvedLender: Live Oak Banking Company25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $2,050,000
- SBA-guaranteed amount
- $1,537,500 (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
- 8.28%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 29, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $16,204 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 812210, Funeral Homes and Funeral Services
- Project location
- Jefferson County, PA
- SBA district office
- Pittsburgh District Office
- Congressional district
- PA-15
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 56% 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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