Main Street Registry

Best Care Professionals, LLC

Houston, TX · Home Health Care Services · NAICS 621610

Best Care Professionals, LLC is located in Houston, TX, and the SBA lists its industry as Home Health Care Services. It was approved for an SBA 7(a) loan of $543,500 for a change of ownership on November 2, 2023.

SBA 7(a) loan, change of ownership, approved Nov 2, 2023

Gross approval
$543,500
SBA-guaranteed amount
$407,625 (75% of the approval)
Lender
CIBC Bank USA, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.75%, variable
Term
10 years (120 months)
Estimated maturity
November 2, 2033 (estimated, approval date plus term)
Estimated monthly payment
$7,410 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 5, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
621610, Home Health Care Services
Franchise
Senior Helpers
Project location
Harris County, TX
SBA district office
Houston District Office
Congressional district
TX-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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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Same industry in Texas