Assisted Home Health Inc.
Assisted Home Health Inc. is a home health care services business in Punta Gorda, FL, in the NAICS 621610 industry. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $600,000, approved on June 7, 2024 by Celtic Bank Corporation.
SBA 7(a) loan, change of ownership, approved Jun 7, 2024
$600,000 approvedLender: Celtic Bank Corporation25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $600,000
- SBA-guaranteed amount
- $450,000 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- June 7, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $5,665 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 18, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 19
- Business type
- Corporation
- NAICS
- 621610, Home Health Care Services
- Project location
- Charlotte County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-17
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 11% of acquisition loans in Home Health Care Services on this site.
- Average acquisition loan in Home Health Care Services: $1,778,546.
- Average acquisition loan in Florida: $1,808,559.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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