Sahay Care LLC
Sahay Care LLC, located in Freehold, New Jersey, 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, in the amount of $2.45 million, from Live Oak Banking Company, with the loan approved on April 3, 2025. The loan is associated with the Executive Home Care franchise and lists 9 jobs.
SBA 7(a) loan, change of ownership, approved Apr 3, 2025
$2,450,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,450,000
- SBA-guaranteed amount
- $1,837,500 (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
- April 3, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $31,036 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 621610, Home Health Care Services
- Franchise
- Executive Home Care
- Project location
- Monmouth County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 78% 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 New Jersey: $1,626,307.
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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