Lincoln Villa
Lincoln Villa is located in Fremont, CA, and the SBA lists its industry as Nursing Care Facilities (Skilled Nursing Facilities). It was approved for an SBA 504 loan ($2,765,000 SBA portion) on December 9, 2024 to finance real estate or equipment.
SBA 504 loan, approved Dec 9, 2024
- SBA (CDC) portion
- $2,765,000
- Bank portion
- $4,571,000
- Estimated project size
- $8,151,111 (estimated)
- Estimated owner equity
- $815,111 (estimated, about 10% of the project)
- Bank lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 9, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 33
- Business type
- Corporation
- NAICS
- 623110, Nursing Care Facilities (Skilled Nursing Facilities)
- Project location
- Alameda County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-15
- Collateral
- Yes
Estimated share of project by source
Bank 56% SBA (CDC) 34% Owner 10%
- Larger than 63% of expansion loans in Nursing Care Facilities (Skilled Nursing Facilities) on this site.
- Average expansion loan in Nursing Care Facilities (Skilled Nursing Facilities): $2,434,200.
- 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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