Main Street Registry

Comfort Keepers

Belpre, OH · Services for the Elderly and Persons with Disabilities · NAICS 624120

Comfort Keepers, located in Belpre, Ohio, operates in the services for the elderly and persons with disabilities industry (NAICS 624120). The business was financed with an SBA 7(a) loan for a change of ownership of $500,000, approved on March 13, 2024, through Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Mar 13, 2024

$500,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$500,000
SBA-guaranteed amount
$375,000 (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
10%, variable
Term
10 years (120 months)
Estimated maturity
March 13, 2034 (estimated, approval date plus term)
Estimated monthly payment
$6,608 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 29, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
624120, Services for the Elderly and Persons with Disabilities
Project location
Washington County, OH
SBA district office
Columbus District Office
Congressional district
OH-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Average acquisition loan in Services for the Elderly and Persons with Disabilities: $1,718,785.
  • Average acquisition loan in Ohio: $1,840,340.

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 Ohio