Main Street Registry

Finer Days Healthcare, LLC

Morganton, NC · Home Health Care Services · NAICS 621610

Finer Days Healthcare, LLC, located in Morganton, NC, operates in the home health care services industry (NAICS 621610). The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $956,300 approved on July 12, 2024, through First Merchants Bank.

SBA 7(a) loan, change of ownership, approved Jul 12, 2024

$956,300 approvedLender: First Merchants Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$956,300
SBA-guaranteed amount
$717,225 (75% of the approval)
Lender
First Merchants Bank, Indianapolis, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11.25%, variable
Term
10 years (120 months)
Estimated maturity
July 12, 2034 (estimated, approval date plus term)
Estimated monthly payment
$13,309 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 5, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
113
Business type
Corporation
NAICS
621610, Home Health Care Services
Project location
Burke County, NC
SBA district office
North Carolina District Office
Congressional district
NC-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 30% 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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Same industry in North Carolina