Main Street Registry

RH & ST Investments LLC

Conroe, TX · Home Health Care Services · NAICS 621610

RH & ST Investments LLC is a home health care services business in Conroe, Texas, classified under NAICS code 621610. The company was financed with an SBA 7(a) loan for a change of ownership of $1,020,800, approved on April 2, 2024, through TowneBank.

SBA 7(a) loan, change of ownership, approved Apr 2, 2024

$1,020,800 approvedLender: TowneBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,020,800
SBA-guaranteed amount
$765,600 (75% of the approval)
Lender
TowneBank, Portsmouth, VA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
25 years (300 months)
Estimated maturity
April 2, 2049 (estimated, approval date plus term)
Estimated monthly payment
$9,638 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 5, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
621610, Home Health Care Services
Project location
Montgomery County, TX
SBA district office
Houston District Office
Congressional district
TX-08
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 34% 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 Texas: $1,944,682.

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 Texas