North Star Home Care, Inc.
North Star Home Care, Inc. is a home health care services business located in Fort Wayne, Indiana, in the NAICS category for home health care services (621610). The company was financed with an SBA 7(a) loan for a change of ownership of $2.13 million, approved through Live Oak Banking Company on June 3, 2026, and the business is operated as a Home Helpers Home Care franchise.
SBA 7(a) loan, change of ownership, approved Jun 3, 2026
$2,130,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,130,000
- SBA-guaranteed amount
- $1,597,500 (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
- 8.35%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 3, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $26,238 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 50
- Business type
- Corporation
- NAICS
- 621610, Home Health Care Services
- Franchise
- Home Helpers Home Care
- Project location
- Allen County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 69% 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 Indiana: $1,995,900.
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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