Main Street Registry

Loyal Home Health Care LLC

St. Anthony, MN · Home Health Care Services · NAICS 621610

Loyal Home Health Care LLC is a home health care services business located in St. Anthony, Minnesota. It was financed with an SBA 7(a) loan for a change of ownership in the amount of $1.86 million, approved on March 7, 2025, by Sentry Bank.

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

$1,860,000 approvedLender: Sentry Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,860,000
SBA-guaranteed amount
$1,395,000 (75% of the approval)
Lender
Sentry Bank, Saint Joseph, MN
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
8.5%, variable
Term
10 years (120 months)
Estimated maturity
March 7, 2035 (estimated, approval date plus term)
Estimated monthly payment
$23,061 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 11, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
30
Business type
Corporation
NAICS
621610, Home Health Care Services
Project location
Anoka County, MN
SBA district office
Minnesota District Office
Congressional district
MN-04
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 62% 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 Minnesota: $1,482,119.

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 Minnesota