Main Street Registry

Rosco Health LLC

Waite Park, MN · Home Health Care Services · NAICS 621610

Rosco Health LLC, located in Waite Park, MN, operates in the home health care services industry (NAICS 621610) and is a Homewatch CareGivers franchise. The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,129,000, approved through Associated Bank National Association on December 19, 2024. The loan lists 67 jobs.

SBA 7(a) loan, change of ownership, approved Dec 19, 2024

$1,129,000 approvedLender: Associated Bank National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,129,000
SBA-guaranteed amount
$846,750 (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
8%, fixed
Term
10 years (120 months)
Estimated maturity
December 19, 2034 (estimated, approval date plus term)
Estimated monthly payment
$13,698 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 31, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
67
Business type
Corporation
NAICS
621610, Home Health Care Services
Franchise
Homewatch CareGivers
Project location
Stearns County, MN
SBA district office
Minnesota District Office
Congressional district
MN-06
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 36% 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 Minnesota: $1,482,119.

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 Minnesota