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Home Helpers Home Care of North San Diego

Escondido, CA · Services for the Elderly and Persons with Disabilities · NAICS 624120

Home Helpers Home Care of North San Diego, located in Escondido, California, operates in the services for the elderly and persons with disabilities industry (NAICS 624120). The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,275,000, approved on March 10, 2025, by Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Mar 10, 2025

$1,275,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,275,000
SBA-guaranteed amount
$956,250 (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
10 years (120 months)
Estimated maturity
March 10, 2035 (estimated, approval date plus term)
Estimated monthly payment
$16,151 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 19, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
91
Business type
Corporation
NAICS
624120, Services for the Elderly and Persons with Disabilities
Project location
San Diego County, CA
SBA district office
San Diego District Office
Congressional district
CA-50
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 44% of acquisition loans in Services for the Elderly and Persons with Disabilities on this site.
  • Average acquisition loan in Services for the Elderly and Persons with Disabilities: $1,718,785.
  • Average acquisition loan in California: $1,688,228.

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 California