It's Personal Care Services LLC
It's Personal Care Services LLC, located in Murray, UT, operates in the home health care services industry (NAICS 621610). The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $822,500 approved on March 23, 2024, through Associated Bank National Association. The loan supported 63 jobs, and the business is a Home Instead franchise.
SBA 7(a) loan, change of ownership, approved Mar 23, 2024
$822,500 approvedLender: Associated Bank National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $822,500
- SBA-guaranteed amount
- $616,875 (75% of the approval)
- Lender
- Associated Bank National Association, Green Bay, WI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 23, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $10,643 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 29, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 63
- Business type
- Corporation
- NAICS
- 621610, Home Health Care Services
- Franchise
- Home Instead
- Project location
- Salt Lake County, UT
- SBA district office
- Utah District Office
- Congressional district
- UT-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 22% 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 Utah: $1,761,092.
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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