How much do SBA lenders typically lend to a funeral homes and funeral services business?

The median SBA approval in NAICS 812210 is $580,000, with the middle 80% of loans between $58,000 and $2,129,000. Across all industries the median is $180,000.

Which lenders are most active in funeral homes and funeral services?

By dollars approved: Live Oak Banking Company, United Midwest Savings Bank, North Valley Bank, The Huntington National Bank, The Bancorp Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

Is funeral homes and funeral services considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 2.6% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 812210 · Other Services

SBA loans for funeral homes and funeral services

3,177 SBA loans worth $2.81B have been approved in this industry since FY2010 - the #78 most-financed NAICS code in the country.

Median loan

$580,000

+222% vs all industries

Typical range

$58K-$2.1M

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

20 yr

Charge-off rate

2.6%

vs 7.6% all industries

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Most active in this industry

Lender	Loans	Approved
Live Oak Banking Company	585	$859.1M
United Midwest Savings Bank	118	$148.6M
North Valley Bank	46	$81.3M
The Huntington National Bank	149	$75.4M
The Bancorp Bank	47	$57.3M
Banc of California	49	$52.3M
First Bank	37	$44.3M
Mission Valley Bank	24	$42.9M
IncredibleBank	28	$37.4M
TD Bank	50	$37.1M

Geography

Where these loans were made

State	Loans	Share
New York	209
Pennsylvania	205
Ohio	197
Texas	194
Michigan	179
California	166
Illinois	166
New Jersey	135

Approvals by fiscal year

’10

’11

’12

’13

’14

’15

’16

’17

’18

’19

’20

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’24

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
6%
$50K - $150K
13%
$150K - $350K
17%
$350K - $1M
32%
$1M - $2M
22%
Over $2M
11%

Nearby

Other other services industries

See the sector

General Automotive Repair16,083 · $190,000 Beauty Salons14,068 · $85,000 Other Personal Care Services7,830 · $175,000 All Other Personal Services7,488 · $144,000 Pet Care (except Veterinary) Services6,530 · $195,850 Car Washes5,876 · $773,000 Automotive Body, Paint, and Interior Repair and Maintenance5,872 · $240,000 Drycleaning and Laundry Services3,976 · $200,000

Common questions

How much do SBA lenders typically lend to a funeral homes and funeral services business?: The median SBA approval in NAICS 812210 is $580,000, with the middle 80% of loans between $58,000 and $2,129,000. Across all industries the median is $180,000.
Which lenders are most active in funeral homes and funeral services?: By dollars approved: Live Oak Banking Company, United Midwest Savings Bank, North Valley Bank, The Huntington National Bank, The Bancorp Bank. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is funeral homes and funeral services considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 2.6% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

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