Hill Country Caregivers, Inc.
Hill Country Caregivers, Inc. is a services for the elderly and persons with disabilities business located in Round Rock, Texas, classified under NAICS code 624120. The company was financed with an SBA 7(a) loan for a change of ownership of $1,398,000, approved on November 24, 2023 by First Financial Bank. The loan is associated with the Senior Helpers franchise.
SBA 7(a) loan, change of ownership, approved Nov 24, 2023
$1,398,000 approvedLender: First Financial Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,398,000
- SBA-guaranteed amount
- $1,048,500 (75% of the approval)
- Lender
- First Financial Bank, El Dorado, AR
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 24, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $18,669 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 1, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 92
- Business type
- Corporation
- NAICS
- 624120, Services for the Elderly and Persons with Disabilities
- Franchise
- Senior Helpers
- Project location
- Williamson County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-31
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 57% 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 Texas: $1,944,682.
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 Texas
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