Hughes Cremation Center & Funeral Services Inc.

7951 American Way, Daphne, AL 36526 · Funeral Homes and Funeral Services (NAICS 812210)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$1.4M

Jobs Supported

17

Years Active

2008–2015

Loan History (2)

Source: SBA FOIA
7(a)$1,350,000
Exempt
Approved
Jul 28, 2015 (FY2015)
SBA Guaranteed
$1,012,500 (75%)
Term
312 months (26.0 yrs)
Interest Rate
5.00%
Revolver
0
Jobs Supported
14
Business Type
Corporation
Industry
Funeral Homes and Funeral Services (NAICS 812210)

Lender

Live Oak Banking Company

1741 Tiburon Dr, Wilmington, NC 28403

Project Location

Baldwin County, AL

7(a)$40,000
Paid in Full
Approved
Jun 24, 2008 (FY2008)
SBA Guaranteed
$34,000 (85%)
Term
84 months (7.0 yrs)
Revolver
1
Jobs Supported
3
Business Type
Corporation
Industry
Funeral Homes and Funeral Services (NAICS 812210)
Paid in Full
Apr 30, 2016

Lender

United Bank

200 E Nashville Ave, Atmore, AL 36502

Project Location

Baldwin County, AL

Business Details

Business Type
Corporation
NAICS Code
812210 Funeral Homes and Funeral Services
Address
7951 American Way
Daphne, AL 36526

Lenders

Live Oak Banking Company
1741 Tiburon Dr, Wilmington, NC 28403
United Bank
200 E Nashville Ave, Atmore, AL 36502

Other SBA Borrowers in Daphne

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