Roberts & Son Funeral Home, Incorporated
Roberts & Son Funeral Home, Incorporated is a funeral home and funeral services business located in Blackwell, Oklahoma. The company was financed with an SBA 7(a) loan for a change of ownership totaling $806,800, approved on April 7, 2026 by The Bancorp Bank National Association, with a stated 10 jobs.
SBA 7(a) loan, change of ownership, approved Apr 7, 2026
$806,800 approvedLender: The Bancorp Bank National Association25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $806,800
- SBA-guaranteed amount
- $605,100 (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
- 7.5%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- April 7, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $5,962 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 812210, Funeral Homes and Funeral Services
- Project location
- Kay County, OK
- SBA district office
- Oklahoma District Office
- Congressional district
- OK-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 16% 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 Oklahoma: $1,861,759.
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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