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Cerbat House Assisted Living LLC

Kingman, AZ · Assisted Living Facilities for the Elderly · NAICS 623312

Cerbat House Assisted Living LLC is an assisted living facility for the elderly located in Kingman, Arizona, under NAICS code 623312. The company was financed with an SBA 7(a) loan for a change of ownership of $3,487,000, approved on October 18, 2023 by America First Federal Credit Union.

SBA 7(a) loan, change of ownership, approved Oct 18, 2023

$3,487,000 approvedLender: America First Federal Credit Union25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,487,000
SBA-guaranteed amount
$2,615,250 (75% of the approval)
Lender
America First Federal Credit Union, Riverdale, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
6.75%, variable
Term
25 years (300 months)
Estimated maturity
October 18, 2048 (estimated, approval date plus term)
Estimated monthly payment
$24,092 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 1, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
Mohave County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-04
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 89% 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 Arizona: $1,690,811.

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 Arizona