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Ameriprime Hospice LLC

Richardson, TX · Home Health Care Services · NAICS 621610

Ameriprime Hospice LLC is a home health care services business located in Richardson, Texas, classified under NAICS code 621610. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $2.1 million from Byline Bank, approved on January 23, 2024.

SBA 7(a) loan, change of ownership, approved Jan 23, 2024

$2,100,000 approvedLender: Byline Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,100,000
SBA-guaranteed amount
$1,575,000 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11.25%, variable
Term
10 years (120 months)
Estimated maturity
January 23, 2034 (estimated, approval date plus term)
Estimated monthly payment
$29,225 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 29, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
621610, Home Health Care Services
Project location
Dallas County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 68% 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