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CFC Homecare LLC

Middleton, WI · Assisted Living Facilities for the Elderly · NAICS 623312

CFC Homecare LLC is an assisted living facility for the elderly located in Middleton, Wisconsin. The business was financed with an SBA 7(a) loan for a change of ownership, approved on January 22, 2025, in the amount of $500,000 through Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Jan 22, 2025

Gross approval
$500,000
SBA-guaranteed amount
$375,000 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
January 22, 2035 (estimated, approval date plus term)
Estimated monthly payment
$6,539 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
24
Business type
Corporation
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
Dane County, WI
SBA district office
Wisconsin District Office
Congressional district
WI-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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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