Golden Heart Foster Home LLC
Golden Heart Foster Home LLC is a business in Portland, Oregon, classified under the industry Other Residential Care Facilities (NAICS 623990). The company was financed with an SBA 7(a) loan for a change of ownership of $946,000, approved on June 11, 2026 by Evolve Bank and Trust, and the loan supports 3 jobs.
SBA 7(a) loan, change of ownership, approved Jun 11, 2026
$946,000 approvedLender: Evolve Bank and Trust25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $946,000
- SBA-guaranteed amount
- $709,500 (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
- 8.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- June 11, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $7,617 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 9, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 623990, Other Residential Care Facilities
- Project location
- Clackamas County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Other Residential Care Facilities: $1,301,729.
- Average acquisition loan in Oregon: $1,946,167.
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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