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Pelican Home Health, LLC

Miami, FL · Home Health Care Services · NAICS 621610

Pelican Home Health, LLC, located in Miami, Florida, 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 of $2.87 million, approved on September 25, 2026, through Live Oak Banking Company. The company is a franchise, Right at Home, and the loan is associated with 7 jobs.

SBA 7(a) loan, change of ownership, approved Sep 25, 2026

$2,870,000 approvedLender: Live Oak Banking Company10 years termCommitted, not fully disbursedLoan details
Gross approval
$2,870,000
SBA-guaranteed amount
$861,000 (30% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.5%, variable
Term
10 years (120 months)
Estimated maturity
September 25, 2036 (estimated, approval date plus term)
Estimated monthly payment
$34,067 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
7
Business type
Corporation
NAICS
621610, Home Health Care Services
Franchise
Right at Home
Project location
Miami-Dade County, FL
SBA district office
South Florida District Office
Congressional district
FL-25
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 84% 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 Florida: $1,808,559.

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 Florida