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Mountain View Care Home LLC

Rocklin, CA · Assisted Living Facilities for the Elderly · NAICS 623312

Mountain View Care Home LLC is located in Rocklin, CA, and the SBA lists its industry as Assisted Living Facilities for the Elderly. It was approved for an SBA 7(a) loan of $945,000 for a change of ownership on September 26, 2024.

SBA 7(a) loan, change of ownership, approved Sep 26, 2024

Gross approval
$945,000
SBA-guaranteed amount
$708,750 (75% of the approval)
Lender
Pinnacle Bank, Morgan Hill, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
23 years, 5 months (281 months)
Estimated maturity
February 26, 2048 (estimated, approval date plus term)
Estimated monthly payment
$8,559 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 2, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
Placer County, CA
SBA district office
Sacramento District Office
Congressional district
CA-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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