Harbor Place Retirement Living
Harbor Place Retirement Living is an assisted living facility for the elderly located in Linn, Missouri, classified under NAICS 623312. The business financed real estate or equipment through an SBA 504 loan of $1,183,000, approved on April 8, 2026, with Bank Five Nine as the lender and Rural Missouri, Inc. as the certified development company.
SBA 504 loan, approved Apr 8, 2026
$1,183,000 SBA portionCDC: Rural Missouri, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,183,000
- Bank portion
- $1,640,500
- Estimated project size
- $3,137,222 (estimated)
- Estimated owner equity
- $313,722 (estimated, about 10% of the project)
- Bank lender
- Bank Five Nine, Oconomowoc, WI
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 8, 2051 (estimated, approval date plus term)
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Osage County, MO
- SBA district office
- St. Louis District Office
- Congressional district
- MO-3
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 15% of expansion loans in Assisted Living Facilities for the Elderly on this site.
- Average expansion loan in Assisted Living Facilities for the Elderly: $1,996,284.
- Average expansion loan in Missouri: $2,014,411.
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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