C&M Home Care of MA LLC
C&M Home Care of MA LLC, located in West Springfield, Massachusetts, operates in the services for the elderly and persons with disabilities industry (NAICS 624120). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $3,665,000, with Live Oak Banking Company as the lender, approved on May 20, 2025.
SBA 7(a) loan, change of ownership, approved May 20, 2025
$3,665,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,665,000
- SBA-guaranteed amount
- $2,748,750 (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
- 8.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 20, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $44,952 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 108
- Business type
- Corporation
- NAICS
- 624120, Services for the Elderly and Persons with Disabilities
- Project location
- Hampden County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 85% of acquisition loans in Services for the Elderly and Persons with Disabilities on this site.
- Average acquisition loan in Services for the Elderly and Persons with Disabilities: $1,718,785.
- Average acquisition loan in Massachusetts: $1,643,977.
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 Massachusetts
- Kind Senior Care, LLC, Danvers
- Mainspring, LLC, Plymouth