Carter House Roseville LLC
Carter House Roseville LLC is an assisted living facility for the elderly located in Roseville, California, classified under NAICS code 623312. The business was financed with an SBA 7(a) loan for a change of ownership of $1.13 million, approved on November 7, 2024, by Pinnacle Bank.
SBA 7(a) loan, change of ownership, approved Nov 7, 2024
$1,132,000 approvedLender: Pinnacle Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,132,000
- SBA-guaranteed amount
- $849,000 (75% of the approval)
- Lender
- Pinnacle Bank, Morgan Hill, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- November 7, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $10,088 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Placer County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 43% of acquisition loans in Assisted Living Facilities for the Elderly on this site.
- Average acquisition loan in Assisted Living Facilities for the Elderly: $1,782,411.
- 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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