Main Street Registry

GetTogether Adult Day Health Care

Torrance, CA · Services for the Elderly and Persons with Disabilities · NAICS 624120

GetTogether Adult Day Health Care is a business in Torrance, California, 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 of $2.49 million, approved by Open Bank on February 26, 2025.

SBA 7(a) loan, change of ownership, approved Feb 26, 2025

$2,490,000 approvedLender: Open Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,490,000
SBA-guaranteed amount
$1,867,500 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
25 years (300 months)
Estimated maturity
February 26, 2050 (estimated, approval date plus term)
Estimated monthly payment
$20,896 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 31, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
29
Business type
Corporation
NAICS
624120, Services for the Elderly and Persons with Disabilities
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-33
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 78% 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 California: $1,688,228.

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 California