Finer Days Kentucky, LLC
Finer Days Kentucky, LLC is a business in Richmond, Kentucky, in the residential intellectual and developmental disability facilities industry. It was financed with an SBA 7(a) loan for a change of ownership of $746,000, approved on March 17, 2026, by VelocitySBA, LLC.
SBA 7(a) loan, change of ownership, approved Mar 17, 2026
$746,000 approvedLender: VelocitySBA, LLC10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $746,000
- SBA-guaranteed amount
- $559,500 (75% of the approval)
- Lender
- VelocitySBA, LLC, Irving, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 17, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $9,755 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 23, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 45
- Business type
- Corporation
- NAICS
- 623210, Residential Intellectual and Developmental Disability Facilities
- Project location
- Madison County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Residential Intellectual and Developmental Disability Facilities: $2,045,689.
- Average acquisition loan in Kentucky: $1,988,993.
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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