Kind Senior Care, LLC
Kind Senior Care, LLC is a services for the elderly and persons with disabilities business based in Danvers, MA (NAICS 624120). It was financed with an SBA 7(a) loan for a change of ownership of $1.14 million, approved in September 2026 through Live Oak Banking Company, and the loan is associated with 7 jobs.
SBA 7(a) loan, change of ownership, approved Sep 22, 2026
$1,140,000 approvedLender: Live Oak Banking Company10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,140,000
- SBA-guaranteed amount
- $855,000 (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
- 7.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 22, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $13,681 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 624120, Services for the Elderly and Persons with Disabilities
- Project location
- Essex County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 43% 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 Massachusetts: $1,643,977.
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 Massachusetts
- Mainspring, LLC, Plymouth
- C&M Home Care of MA LLC, West Springfield