Pals a Chrysalis Health Company, LLC
Pals a Chrysalis Health Company, LLC is a vocational rehabilitation services business located in Columbus, Ohio, classified under NAICS code 624310. The company was financed with an SBA 7(a) loan for a change of ownership of $4.35 million, approved on April 23, 2026 through First Bank Richmond.
SBA 7(a) loan, change of ownership, approved Apr 23, 2026
$4,350,000 approvedLender: First Bank Richmond10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,350,000
- SBA-guaranteed amount
- $3,262,500 (75% of the approval)
- Lender
- First Bank Richmond, Richmond, IN
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 8%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 23, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $52,778 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 8, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 300
- Business type
- Corporation
- NAICS
- 624310, Vocational Rehabilitation Services
- Project location
- Franklin County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Vocational Rehabilitation Services: $2,617,233.
- Average acquisition loan in Ohio: $1,840,340.
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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