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Kai Santa Cruz LLC

Santa Cruz, CA · Assisted Living Facilities for the Elderly · NAICS 623312

Kai Santa Cruz LLC is an assisted living facility for the elderly located in Santa Cruz, California, in the NAICS industry for assisted living facilities for the elderly. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,361,000, approved on February 3, 2025 through West Coast Community Bank and Capital Access Group, Inc.

SBA 504 loan, approved Feb 3, 2025

$2,361,000 SBA portionCDC: Capital Access Group, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,361,000
Bank portion
$2,305,000
Estimated project size
$5,184,444 (estimated)
Estimated owner equity
$518,444 (estimated, about 10% of the project)
Bank lender
West Coast Community Bank, Santa Cruz, CA
CDC
Capital Access Group, Inc.
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
February 3, 2050 (estimated, approval date plus term)
First disbursement
Jun 11, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
17
Business type
Corporation
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
Santa Cruz County, CA
SBA district office
San Francisco District Office
Congressional district
CA-20
Collateral
Yes

Estimated share of project by source

Bank 44% SBA (CDC) 46% Owner 10%

  • Larger than 72% 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 California: $2,161,468.

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 California