Main Street Registry

Superior Home Care Services, Inc.

Oceanside, CA · Home Health Care Services · NAICS 621610

Superior Home Care Services, Inc. is a home health care services business located in Oceanside, California, in the industry of home health care services (NAICS 621610). The company was financed with an SBA 7(a) loan for a change of ownership of $540,500, approved on September 13, 2024, through CIBC Bank USA, and the loan is reported with 6 jobs.

SBA 7(a) loan, change of ownership, approved Sep 13, 2024

$540,500 approvedLender: CIBC Bank USA10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$540,500
SBA-guaranteed amount
$405,375 (75% of the approval)
Lender
CIBC Bank USA, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11%, variable
Term
10 years (120 months)
Estimated maturity
September 13, 2034 (estimated, approval date plus term)
Estimated monthly payment
$7,445 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 15, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
621610, Home Health Care Services
Project location
San Diego County, CA
SBA district office
San Diego District Office
Congressional district
CA-49
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 7% 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 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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Same industry in California