Maximum Care Home Heath
Maximum Care Home Heath is located in Hialeah, FL, and the SBA lists its industry as Home Health Care Services. It was approved for an SBA 7(a) loan of $1,135,000 for a change of ownership on December 23, 2024.
SBA 7(a) loan, change of ownership, approved Dec 23, 2024
- Gross approval
- $1,135,000
- SBA-guaranteed amount
- $851,250 (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
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 23, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $14,532 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 22, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 76
- Business type
- Corporation
- NAICS
- 621610, Home Health Care Services
- Project location
- Miami-Dade County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-25
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 37% 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 Florida: $1,808,559.
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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