Costi Industries
Costi Industries is located in Fresno, CA, and the SBA lists its industry as Assisted Living Facilities for the Elderly. It was approved for an SBA 7(a) loan of $750,000 for a change of ownership on February 27, 2026.
SBA 7(a) loan, change of ownership, approved Feb 27, 2026
- Gross approval
- $750,000
- SBA-guaranteed amount
- $562,500 (75% of the approval)
- Lender
- FFB Bank, Fresno, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 27, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $9,705 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 27, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Fresno County, CA
- SBA district office
- Fresno District Office
- Congressional district
- CA-16
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 6% 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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- Mission Villa Senior Living, Daly City
- Navgeet Kaur & Harjit Rana, Fair Oaks
- Beebright Living Inc, Roseville