Sunny Days ADHC
Sunny Days ADHC is located in Los Angeles, CA, and the SBA lists its industry as Services for the Elderly and Persons with Disabilities. It was approved for an SBA 7(a) loan of $4,553,000 for a change of ownership on November 21, 2024.
SBA 7(a) loan, change of ownership, approved Nov 21, 2024
- Gross approval
- $4,553,000
- SBA-guaranteed amount
- $3,414,750 (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%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 21, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $57,675 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 24, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 28
- Business type
- Corporation
- NAICS
- 624120, Services for the Elderly and Persons with Disabilities
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-37
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 96% of acquisition loans in Services for the Elderly and Persons with Disabilities on this site.
- Average acquisition loan in Services for the Elderly and Persons with Disabilities: $1,718,785.
- Average acquisition loan in California: $1,688,228.
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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