Care First Rehabilitation
Care First Rehabilitation, located in Troy, Michigan, operates in the home health care services industry (NAICS 621610). The company was approved for an SBA 504 loan of $2,535,000 in June 2025 through a certified development company, with Huron Valley State Bank as the lending partner. The SBA 504 program financed real estate or equipment through an SBA 504 loan.
SBA 504 loan, approved Jun 27, 2025
$2,535,000 SBA portionCDC: Great Lakes Commercial Finance25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,535,000
- Bank portion
- $3,090,000
- Estimated project size
- $6,250,000 (estimated)
- Estimated owner equity
- $625,000 (estimated, about 10% of the project)
- Bank lender
- Huron Valley State Bank, Milford, MI
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 27, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 621610, Home Health Care Services
- Project location
- Oakland County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-9
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 82% of expansion loans in Home Health Care Services on this site.
- Average expansion loan in Home Health Care Services: $1,714,929.
- Average expansion loan in Michigan: $2,050,489.
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 Michigan
- Omni Home Health Care, Inc., Warren
- Jess Woodward Avenue I LLC, Royal Oak