Comfort Keepers / Comfort Keepers of Cary, NC
Comfort Keepers / Comfort Keepers of Cary, NC is a home health care services business located in Cary, North Carolina, in the home health care services industry. The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,525,000, approved on October 27, 2023 by The Huntington National Bank. The loan is associated with the Comfort Keepers franchise.
SBA 7(a) loan, change of ownership, approved Oct 27, 2023
$1,525,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,525,000
- SBA-guaranteed amount
- $1,143,750 (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
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- October 27, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $21,223 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 13, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 109
- Business type
- Corporation
- NAICS
- 621610, Home Health Care Services
- Franchise
- Comfort Keepers
- Project location
- Wake County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 55% 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 North Carolina: $1,952,444.
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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