NWI Cremations and Funerals LLC
NWI Cremations and Funerals LLC is a funeral home and funeral services business in La Porte, Indiana (NAICS 812210). The company was financed with an SBA 7(a) loan for a change of ownership of $1,940,000, approved on December 5, 2025 by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Dec 5, 2025
$1,940,000 approvedLender: Live Oak Banking Company25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,940,000
- SBA-guaranteed amount
- $1,455,000 (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
- 8.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- December 5, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $15,296 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 19, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 812210, Funeral Homes and Funeral Services
- Project location
- La Porte County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 55% 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 Indiana: $1,995,900.
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 Indiana
- Branson Family Funeral Service, LLC, Columbus
- Bozell APW Enterprises, Inc., Anderson
- Boone Funeral Home of Evansville, Inc., Evansville