Main Street Registry

Right at Home

Lake Worth, FL · Home Health Care Services · NAICS 621610

Right at Home is located in Lake Worth, FL, and the SBA lists its industry as Home Health Care Services. It was approved for an SBA 7(a) loan of $2,910,000 for a change of ownership on December 9, 2024.

SBA 7(a) loan, change of ownership, approved Dec 9, 2024

Gross approval
$2,910,000
SBA-guaranteed amount
$2,182,500 (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
8.75%, variable
Term
10 years (120 months)
Estimated maturity
December 9, 2034 (estimated, approval date plus term)
Estimated monthly payment
$36,470 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 23, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
109
Business type
Corporation
NAICS
621610, Home Health Care Services
Project location
Palm Beach County, FL
SBA district office
South Florida District Office
Congressional district
FL-21
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Florida