Lender intelligence
Financing a funeral homes and funeral services acquisition in Illinois
The SBA 7(a) lenders funding the most funeral homes and funeral services acquisitions in Illinois, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in funeral homes and funeral services · Illinois
Ranked by funded funeral homes and funeral services acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1,296 loans · $1.4B · Wilmington, NCFull record →
- 2.2 loans · $1M · Antioch, ILFull record →
- 3.575 loans · $220M · De Graff, OHFull record →
- 4.18 loans · $24M · Madison, WIFull record →
13+ funded Funeral Homes and Funeral Services in Illinois deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- COONEY FUNERAL HOME 1 in Park Ridge, IL — $3.6M (2025) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 8.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.6M (73%)
- Approval → funding
- 68 days
- Approved
- 5/8/2025
- First disbursed
- 7/15/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 9
- Business age
- Change of Ownership
- Industry
- Funeral Homes and Funeral Services
If you were the buyer here
- Est. deal size
- $4.0M
- Est. down payment (10%)
- $398K
- Est. cash at closing
- $550K
- Monthly payment
- $28,266
- Annual debt service
- $339K
- Cash flow needed (1.25×)
- $424K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
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- PEDERSEN RYBERG FH, INC. in Elmhurst, IL — $2.6M (2025) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 8.6% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $984K (38%)
- Approval → funding
- 14 days
- Approved
- 6/16/2025
- First disbursed
- 6/30/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Funeral Homes and Funeral Services
If you were the buyer here
- Est. deal size
- $2.9M
- Est. down payment (10%)
- $288K
- Est. cash at closing
- $397K
- Monthly payment
- $21,030
- Annual debt service
- $252K
- Cash flow needed (1.25×)
- $315K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
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- Sax Tiedemann Funeral Home LLC in Franklin Park, IL — $2.4M (2025) · purchase · United Midwest Savings Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.8M (75%)
- Approval → funding
- 22 days
- Approved
- 5/6/2025
- First disbursed
- 5/28/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Funeral Homes and Funeral Services
If you were the buyer here
- Est. deal size
- $2.6M
- Est. down payment (10%)
- $264K
- Est. cash at closing
- $363K
- Monthly payment
- $21,969
- Annual debt service
- $264K
- Cash flow needed (1.25×)
- $330K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by United Midwest Savings Bank National Association · Lender record →
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- STRANG FUNERAL CHAPEL, LTD in Grayslake, IL — $2.1M (2025) · purchase · State Bank of the Lakes, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 7.5% fixed
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.5M (75%)
- Approval → funding
- 157 days
- Approved
- 11/12/2024
- First disbursed
- 4/18/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 9
- Business age
- Change of Ownership
- Industry
- Funeral Homes and Funeral Services
If you were the buyer here
- Est. deal size
- $2.3M
- Est. down payment (10%)
- $229K
- Est. cash at closing
- $315K
- Monthly payment
- $15,218
- Annual debt service
- $183K
- Cash flow needed (1.25×)
- $228K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by State Bank of the Lakes, National Association · Lender record →
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- CB Humes LLC in Addison, IL — $1.8M (2025) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 8.38% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.4M (75%)
- Approval → funding
- 39 days
- Approved
- 6/9/2025
- First disbursed
- 7/18/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Funeral Homes and Funeral Services
If you were the buyer here
- Est. deal size
- $2.0M
- Est. down payment (10%)
- $203K
- Est. cash at closing
- $280K
- Monthly payment
- $14,588
- Annual debt service
- $175K
- Cash flow needed (1.25×)
- $219K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- Ebenezer, LLC in Chicago, IL — $1.1M (2025) · purchase · First Business Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $788K (75%)
- Approved
- 8/4/2025
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Funeral Homes and Funeral Services
If you were the buyer here
- Est. deal size
- $1.2M
- Est. down payment (10%)
- $117K
- Est. cash at closing
- $160K
- Monthly payment
- $9,357
- Annual debt service
- $112K
- Cash flow needed (1.25×)
- $140K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Business Bank · Lender record →
Your business? Claim this record · Request removal
- Roberts & Cook Funeral Service in Carmi, IL — $860K (2025) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 8.65% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $645K (75%)
- Approval → funding
- 12 days
- Approved
- 12/4/2024
- First disbursed
- 12/16/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Funeral Homes and Funeral Services
If you were the buyer here
- Est. deal size
- $956K
- Est. down payment (10%)
- $96K
- Est. cash at closing
- $131K
- Monthly payment
- $7,012
- Annual debt service
- $84K
- Cash flow needed (1.25×)
- $105K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- Ruby Funeral Services & Crematories, Inc. in Springfield, IL — $200K (2025) · purchase · First Bankers Trust Company National Association
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 8.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $100K (50%)
- Approval → funding
- 14 days
- Approved
- 2/18/2025
- First disbursed
- 3/4/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- Funeral Homes and Funeral Services
If you were the buyer here
- Est. deal size
- $222K
- Est. down payment (10%)
- $22K
- Est. cash at closing
- $30K
- Monthly payment
- $2,480
- Annual debt service
- $30K
- Cash flow needed (1.25×)
- $37K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Bankers Trust Company National Association
Your business? Claim this record · Request removal
- GENERATIONS FUNERAL SERVICE, LLC in Park Ridge, IL — $2.6M (2024) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 9.25% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $2.0M (75%)
- Approval → funding
- 9 days
- Approved
- 5/15/2024
- First disbursed
- 5/24/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Funeral Homes and Funeral Services
If you were the buyer here
- Est. deal size
- $2.9M
- Est. down payment (10%)
- $294K
- Est. cash at closing
- $406K
- Monthly payment
- $22,694
- Annual debt service
- $272K
- Cash flow needed (1.25×)
- $340K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- MCINERNEY CENTRAL CHAPEL. in Chicago, IL — $1.5M (2023) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 9.4% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.1M (75%)
- Approval → funding
- 47 days
- Approved
- 9/30/2023
- First disbursed
- 11/16/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Funeral Homes and Funeral Services
If you were the buyer here
- Est. deal size
- $1.6M
- Est. down payment (10%)
- $162K
- Est. cash at closing
- $223K
- Monthly payment
- $12,655
- Annual debt service
- $152K
- Cash flow needed (1.25×)
- $190K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- CB Funeral Services LLC in Chicago, IL — $1.6M (2022) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.15% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.2M (75%)
- Approval → funding
- 35 days
- Approved
- 11/16/2021
- First disbursed
- 12/21/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Funeral Homes and Funeral Services
If you were the buyer here
- Est. deal size
- $1.8M
- Est. down payment (10%)
- $175K
- Est. cash at closing
- $240K
- Monthly payment
- $9,345
- Annual debt service
- $112K
- Cash flow needed (1.25×)
- $140K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- Precious Pets Crematory and Funeral Home in Bolingbrook, IL — $3.7M (2020) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 276 mo (23 yrs)
- SBA guaranteed
- $2.8M (75%)
- Approval → funding
- 34 days
- Approved
- 2/21/2020
- First disbursed
- 3/26/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Funeral Homes and Funeral Services
If you were the buyer here
- Est. deal size
- $4.1M
- Est. down payment (10%)
- $408K
- Est. cash at closing
- $564K
- Monthly payment
- $22,414
- Annual debt service
- $269K
- Cash flow needed (1.25×)
- $336K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- Reuland & Turnbough in Elmhurst, IL — $2.5M (2020) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.9M (75%)
- Approval → funding
- 7 days
- Approved
- 3/18/2020
- First disbursed
- 3/25/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Funeral Homes and Funeral Services
If you were the buyer here
- Est. deal size
- $2.8M
- Est. down payment (10%)
- $278K
- Est. cash at closing
- $384K
- Monthly payment
- $15,747
- Annual debt service
- $189K
- Cash flow needed (1.25×)
- $236K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to funeral homes and funeral services businesses with a Illinois project address.
Agent summary
How to finance a funeral homes and funeral services acquisition in Illinois with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Illinois deals. Live Oak Banking Company funds the most here. DealRoom is not a lender.
- $1.3M typical loan
- 5 lenders active in Illinois
- 13+ funded Illinois deals
- 34 days typical to fund
Buyers buying a funeral homes and funeral services in Illinois typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.