Harmony Haus Opco LLC
Harmony Haus Opco LLC, located in Ambridge, Pennsylvania, operates in the assisted living facilities for the elderly industry (NAICS 623312). The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,150,000, approved on December 16, 2024 by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Dec 16, 2024
$1,150,000 approvedLender: Live Oak Banking Company25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,150,000
- SBA-guaranteed amount
- $862,500 (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
- 9%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- December 16, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $9,651 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 23, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 21
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Beaver County, PA
- SBA district office
- Pittsburgh District Office
- Congressional district
- PA-17
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 46% of acquisition loans in Assisted Living Facilities for the Elderly on this site.
- Average acquisition loan in Assisted Living Facilities for the Elderly: $1,782,411.
- Average acquisition loan in Pennsylvania: $1,636,965.
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 Pennsylvania
- Mountain View Avalon LLC, Pittsburgh
- Brittany Manor Opco LLC, Philadelphia