Schroeder-lauer Funeral Home Ltd
3227 Ridge Road, Lansing, IL 60438 · Funeral Homes and Funeral Services (NAICS 812210)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
3
Total Amount
$2.1M
Jobs Supported
10
Years Active
2015–2018
Loan History (3)
Source: SBA FOIA7(a)$125,000
Charged Off
- Approved
- Mar 8, 2018 (FY2018)
- SBA Guaranteed
- $106,250 (85%)
- Term
- 46 months (3.8 yrs)
- Interest Rate
- 7.25%
- Revolver
- 0
- Jobs Supported
- 3
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Funeral Homes and Funeral Services (NAICS 812210)
- Charge-off Date
- Sep 20, 2024
- Charge-off Amount
- $74,397
Lender
Northeast Bank
35 Canal St, Ste 500, Lewiston, ME 4240
Project Location
Cook County, IL
7(a)$150,000
Charged Off
- Approved
- Nov 28, 2016 (FY2017)
- SBA Guaranteed
- $127,500 (85%)
- Term
- 30 months (2.5 yrs)
- Interest Rate
- 6.25%
- Revolver
- 0
- Business Type
- Corporation
- Industry
- Funeral Homes and Funeral Services (NAICS 812210)
- Charge-off Date
- Sep 30, 2024
- Charge-off Amount
- $67,051
Lender
Northeast Bank
35 Canal St, Ste 500, Lewiston, ME 4240
Project Location
Cook County, IL
7(a)$1,812,500
Exempt
- Approved
- Mar 4, 2015 (FY2015)
- SBA Guaranteed
- $1,359,375 (75%)
- Term
- 204 months (17.0 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 7
- Business Type
- Corporation
- Industry
- Funeral Homes and Funeral Services (NAICS 812210)
Lender
First Internet Bank of Indiana
8701 E 116th St, Fishers, IN 46038
Project Location
Cook County, IL
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 812210 — Funeral Homes and Funeral Services
- Address
- 3227 Ridge Road
Lansing, IL 60438
Lenders
- Northeast Bank
- 35 Canal St, Ste 500, Lewiston, ME 4240
- First Internet Bank of Indiana
- 8701 E 116th St, Fishers, IN 46038