Home Health Care Services acquisitions in Ohio: SBA loan data
Since FY2018, SBA lenders have approved 28 7(a) loans to buy an existing business classified as Home Health Care Services in Ohio, totaling $37.5M. The median loan was $987,900. That is 1.5% of the 1,821 acquisition loans in Ohio.
Terms signed in the LOI shape the purchase agreement that follows.
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How this compares
The median Home Health Care Services loan in Ohio is 80% higher than the $549,000 median for all Ohio acquisitions, and 41% higher than the $700,000 median for Home Health Care Services acquisitions nationwide (649 loans).
This combination has too few seasoned loans for a reliable charge-off rate. Nationally, 1.8% of seasoned Home Health Care Services acquisition loans were charged off, and 1.9% of seasoned Ohio acquisition loans of any type.
Home Health Care Services acquisition loans in Ohio by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 1 | $300K | $300,000 | |
| FY2019 | 3 | $4.9M | $1,180,000 | |
| FY2020 | 2 | $2.8M | $1,411,500 | |
| FY2021 | 5 | $5.8M | $1,047,000 | |
| FY2022 | 3 | $2.2M | $928,800 | |
| FY2023 | 3 | $3M | $900,000 | |
| FY2024 | 3 | $3M | $740,000 | |
| FY2025 | 4 | $7.4M | $1,100,250 | |
| FY2026 | 4 | $8.1M | $1,510,000 |
How often do these acquisition loans fail?
Fewer than 20 Home Health Care Services in Ohio acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
The purchase agreement decides what you bought, not the loan approval.
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Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Byline Bank | 3 | 10.7% | $3.3M | |
| 2 | The Huntington National Bank | 3 | 10.7% | $1.6M | |
| 3 | CIBC Bank USA | 3 | 10.7% | $1.6M | |
| 4 | Live Oak Banking Company | 2 | 7.1% | $6M | |
| 5 | Happen Bank | 2 | 7.1% | $4.3M |
Top franchise brands
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Visiting Angels | 6 | 21.4% | $5M | |
| 2 | Home Instead | 3 | 10.7% | $6.4M | |
| 3 | Comfort Keepers | 1 | 3.6% | $849K |
The purchase agreement decides what you bought, not the loan approval.
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Questions buyers ask
How much do SBA loans for Home Health Care Services acquisitions in Ohio run?
The median SBA 7(a) loan was $987,900 across 28 loans (FY2018 to FY2026), with the middle half between $481,625 and $1,996,375. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Home Health Care Services acquisitions in Ohio?
Byline Bank (3), The Huntington National Bank (3), CIBC Bank USA (3), Live Oak Banking Company (2), Happen Bank (2). Some lenders repeatedly finance this industry in this state; the counts above show which.
How often do Home Health Care Services acquisition loans fail in Ohio?
Fewer than 20 loans in this combination are old enough to measure losses reliably, so no rate is shown. The national benchmark for all SBA acquisition loans is 3.5% (FY2018 to FY2021 cohort).
Are franchised businesses part of Home Health Care Services acquisitions in Ohio?
10 of the 28 loans (36%) involved a franchise brand, most often Visiting Angels (6).
Seller note standby terms and third-party consents are reviewed before closing.
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- All Ohio acquisitions
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Small samples move a lot: each loan in this combination is 4% of the count. Industry is the NAICS code the lender recorded. See the methodology.