Eternal Eden Living LLC
Eternal Eden Living LLC, based in Georgetown, Texas, operates in the nursing care facilities (skilled nursing facilities) industry, NAICS code 623110. The company was financed with an SBA 7(a) loan for a change of ownership of $1,330,000, approved on September 11, 2024, through Coastal States Bank.
SBA 7(a) loan, change of ownership, approved Sep 11, 2024
$1,330,000 approvedLender: Coastal States Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,330,000
- SBA-guaranteed amount
- $997,500 (75% of the approval)
- Lender
- Coastal States Bank, Hilton Head Island, SC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 11, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $12,086 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 16, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 623110, Nursing Care Facilities (Skilled Nursing Facilities)
- Project location
- Williamson County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-31
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 36% of acquisition loans in Nursing Care Facilities (Skilled Nursing Facilities) on this site.
- Average acquisition loan in Nursing Care Facilities (Skilled Nursing Facilities): $2,015,509.
- Average acquisition loan in Texas: $1,944,682.
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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