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Michael D. Thomas Funeral Services, Inc.

Larchmont, NY · Funeral Homes and Funeral Services · NAICS 812210

Michael D. Thomas Funeral Services, Inc. is a funeral home and funeral services business in Larchmont, New York, classified under NAICS code 812210. The company was financed with an SBA 7(a) loan for a change of ownership totaling $2,178,000, approved on August 11, 2026, through United Midwest Savings Bank National Association.

SBA 7(a) loan, change of ownership, approved Aug 11, 2026

Gross approval
$2,178,000
SBA-guaranteed amount
$1,633,500 (75% of the approval)
Lender
United Midwest Savings Bank National Association, De Graff, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
August 11, 2051 (estimated, approval date plus term)
Estimated monthly payment
$17,538 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 28, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
812210, Funeral Homes and Funeral Services
Project location
Westchester County, NY
SBA district office
New York District Office
Congressional district
NY-16
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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 New York