At Serenity AFH LLC
At Serenity AFH LLC is a home health care services business located in Auburn, Washington, and is classified under NAICS code 621610. The company was financed with an SBA 7(a) loan for a change of ownership of $1.29 million, approved on December 16, 2024, by Evolve Bank and Trust.
SBA 7(a) loan, change of ownership, approved Dec 16, 2024
$1,290,000 approvedLender: Evolve Bank and Trust25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,290,000
- SBA-guaranteed amount
- $967,500 (75% of the approval)
- Lender
- Evolve Bank and Trust, West Memphis, AR
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- December 16, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $11,271 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 30, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 621610, Home Health Care Services
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 47% 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 Washington: $1,784,595.
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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