Kent Loving Care Homes AFH
Kent Loving Care Homes AFH is an assisted living facility for the elderly in Kent, WA, in the NAICS category for assisted living facilities for the elderly. The business was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $928,500, approved by East West Bank on March 26, 2026. The loan reports 2 jobs.
SBA 7(a) loan, change of ownership, approved Mar 26, 2026
$928,500 approvedLender: East West Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $928,500
- SBA-guaranteed amount
- $696,375 (75% of the approval)
- Lender
- East West Bank, Pasadena, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- March 26, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $7,013 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 17, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 24% 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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