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Rusch Funeral Home

Plymouth, WI · Funeral Homes and Funeral Services · NAICS 812210

Rusch Funeral Home in Plymouth, WI operates in the funeral homes and funeral services industry (NAICS 812210). The business was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $1 million, approved on June 28, 2024 by Hiawatha National Bank.

SBA 7(a) loan, change of ownership, approved Jun 28, 2024

$1,000,000 approvedLender: Hiawatha National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,000,000
SBA-guaranteed amount
$750,000 (75% of the approval)
Lender
Hiawatha National Bank, Hager City, WI
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
10 years (120 months)
Estimated maturity
June 28, 2034 (estimated, approval date plus term)
Estimated monthly payment
$12,399 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 10, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
812210, Funeral Homes and Funeral Services
Project location
Sheboygan County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-06
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 29% 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 Wisconsin: $1,729,230.

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 Wisconsin