Faith Memorial Chapel L.l.c.
600 9th Ave N, Bessemer, AL 35020 · Funeral Homes and Funeral Services (NAICS 812210)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
5
Total Amount
$4.4M
Jobs Supported
64
Years Active
2013–2023
Loan History (5)
Source: SBA FOIA7(a)$225,000
Cancelled
- Approved
- Sep 5, 2023 (FY2023)
- SBA Guaranteed
- $168,750 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 11.50%
- Revolver
- 0
- Jobs Supported
- 4
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Funeral Homes and Funeral Services (NAICS 812210)
Lender
Newtek Bank, National Association
1111 Brickell Ave, Ste 135, Miami, FL 33131
Project Location
Jefferson County, AL
7(a)$584,000
Exempt
- Approved
- Aug 26, 2022 (FY2022)
- SBA Guaranteed
- $438,000 (75%)
- Term
- 273 months (22.8 yrs)
- Interest Rate
- 8.25%
- Revolver
- 0
- Jobs Supported
- 5
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Funeral Homes and Funeral Services (NAICS 812210)
Lender
Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Project Location
Jefferson County, AL
7(a)$944,000
Exempt
- Approved
- Sep 6, 2022 (FY2022)
- SBA Guaranteed
- $708,000 (75%)
- Term
- 268 months (22.3 yrs)
- Interest Rate
- 8.25%
- Revolver
- 0
- Jobs Supported
- 5
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Funeral Homes and Funeral Services (NAICS 812210)
Lender
Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Project Location
Jefferson County, AL
7(a)$856,700
Exempt
- Approved
- Jan 9, 2014 (FY2014)
- SBA Guaranteed
- $642,525 (75%)
- Term
- 165 months (13.8 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 30
- Business Type
- Corporation
- Industry
- Funeral Homes and Funeral Services (NAICS 812210)
Lender
Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Project Location
Jefferson County, AL
7(a)$1,746,000
Exempt
- Approved
- Sep 3, 2013 (FY2013)
- SBA Guaranteed
- $1,309,500 (75%)
- Term
- 164 months (13.7 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 20
- Business Type
- Corporation
- Industry
- Funeral Homes and Funeral Services (NAICS 812210)
Lender
Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Project Location
Jefferson County, AL
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 812210 — Funeral Homes and Funeral Services
- Address
- 600 9th Ave N
Bessemer, AL 35020
Lenders
- Newtek Bank, National Association
- 1111 Brickell Ave, Ste 135, Miami, FL 33131
- Newtek Small Business Finance, Inc.
- 1981 Marcus Avenue, Lake Success, NY 11042