BHH Holdings LLC
BHH Holdings LLC is located in Minneapolis, MN, and the SBA lists its industry as Home Health Care Services. It was approved for an SBA 7(a) loan of $1,559,000 for a change of ownership on April 17, 2024.
SBA 7(a) loan, change of ownership, approved Apr 17, 2024
- Gross approval
- $1,559,000
- SBA-guaranteed amount
- $1,169,250 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.99%, fixed
- Term
- 17 years (204 months)
- Estimated maturity
- April 17, 2041 (estimated, approval date plus term)
- Estimated monthly payment
- $14,938 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 2, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 42
- Business type
- Corporation
- NAICS
- 621610, Home Health Care Services
- Project location
- Hennepin County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 56% 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
- Interim Healthcare of the Twin Cities, Saint Paul
- Healthnorth, Inc., Minneapolis
- Matrix AdvoCare Network, Inc., Plymouth
- Loyal Home Health Care LLC, St. Anthony
- Magna Vita Home Healthcare Fund I, LP, Minneapolis
- Rosco Health LLC, Waite Park
- Family Health Solutions LLC, Minneapolis
- Happy Home LLC, Eden Prairie