Home Field Therapy LLC
Home Field Therapy LLC, located in Lincoln, Nebraska, operates in the Other Building Finishing Contractors industry (NAICS 238390). The company was financed with an SBA 7(a) loan for a change of ownership of $500,000, approved on October 3, 2024 by The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Oct 3, 2024
$500,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- October 3, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $6,817 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 31, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 238390, Other Building Finishing Contractors
- Project location
- Lancaster County, NE
- SBA district office
- Nebraska District Office
- Congressional district
- NE-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Other Building Finishing Contractors: $1,603,650.
- Average acquisition loan in Nebraska: $1,711,589.
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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