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QAV Healthcare LLC

Richmond, VA · Home Health Care Services · NAICS 621610

QAV Healthcare LLC is a home health care services business in Richmond, Virginia, classified under NAICS 621610 (Home Health Care Services). The company was financed with an SBA 7(a) loan for a change of ownership totaling $529,000, approved on November 23, 2024, through CIBC Bank USA, and the loan is associated with the Senior Helpers franchise.

SBA 7(a) loan, change of ownership, approved Nov 23, 2024

$529,000 approvedLender: CIBC Bank USA10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$529,000
SBA-guaranteed amount
$396,750 (75% of the approval)
Lender
CIBC Bank USA, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
November 23, 2034 (estimated, approval date plus term)
Estimated monthly payment
$7,138 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 6, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
70
Business type
Corporation
NAICS
621610, Home Health Care Services
Franchise
Senior Helpers
Project location
Chesterfield County, VA
SBA district office
Richmond District Office
Congressional district
VA-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 6% 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 Virginia: $1,860,760.

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 Virginia