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Home Star Care, Inc

Stroudsburg, PA · Home Health Care Services · NAICS 621610

Home Star Care, Inc is a home health care services business in Stroudsburg, Pennsylvania, classified under NAICS code 621610. The business was financed with an SBA 7(a) loan for a change of ownership of $995,000, approved on June 13, 2024 through Pathward National Association. The SBA loan record reports 104 jobs associated with the financing.

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

$995,000 approvedLender: Pathward National Association10 years termPaid in fullLoan details
Gross approval
$995,000
SBA-guaranteed amount
$746,250 (75% of the approval)
Lender
Pathward National Association, Sioux Falls, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, fixed
Term
10 years (120 months)
Estimated maturity
June 13, 2034 (estimated, approval date plus term)
Estimated monthly payment
$12,604 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 22, 2024
Loan status
Paid in full
Jobs supported
104
Business type
Corporation
NAICS
621610, Home Health Care Services
Project location
Monroe County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 31% 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 Pennsylvania: $1,636,965.

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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