Family First Developmental Disability Solutions LLC
Family First Developmental Disability Solutions LLC is a home health care services business in Portland, Maine, classified under NAICS code 621610. It was financed with an SBA 7(a) loan for a change of ownership of $1.6 million from Live Oak Banking Company, with an approval date of September 29, 2026. The loan records report 54 jobs.
SBA 7(a) loan, change of ownership, approved Sep 29, 2026
$1,600,000 approvedLender: Live Oak Banking Company10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,600,000
- SBA-guaranteed amount
- $1,200,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.4%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $19,752 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 54
- Business type
- Corporation
- NAICS
- 621610, Home Health Care Services
- Project location
- Cumberland County, ME
- SBA district office
- Maine District Office
- Congressional district
- ME-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 57% 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 Maine: $1,448,582.
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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