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Gentle Hands Care Home LLC

Everett, WA · Assisted Living Facilities for the Elderly · NAICS 623312

Gentle Hands Care Home LLC is a business in Everett, Washington, in the assisted living facilities for the elderly industry (NAICS 623312). It was financed with an SBA 7(a) loan for a change of ownership of $1,044,000, approved on September 22, 2025 by Evolve Bank and Trust.

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

$1,044,000 approvedLender: Evolve Bank and Trust25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,044,000
SBA-guaranteed amount
$783,000 (75% of the approval)
Lender
Evolve Bank and Trust, West Memphis, AR
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
25 years (300 months)
Estimated maturity
September 22, 2050 (estimated, approval date plus term)
Estimated monthly payment
$8,941 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 8, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
9
Business type
Corporation
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
Snohomish County, WA
SBA district office
Seattle District Office
Congressional district
WA-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 39% 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 Washington: $1,784,595.

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 Washington