Main Street Registry

My Place ADHC

Burbank, CA · Services for the Elderly and Persons with Disabilities · NAICS 624120

My Place ADHC is located in Burbank, CA, and the SBA lists its industry as Services for the Elderly and Persons with Disabilities. It was approved for an SBA 7(a) loan of $1,355,000 for a change of ownership on February 12, 2025.

SBA 7(a) loan, change of ownership, approved Feb 12, 2025

Gross approval
$1,355,000
SBA-guaranteed amount
$1,016,250 (75% of the approval)
Lender
Port 51 Lending LLC, New York, NY
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years (120 months)
Estimated maturity
February 12, 2035 (estimated, approval date plus term)
Estimated monthly payment
$18,095 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 9, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
21
Business type
Corporation
NAICS
624120, Services for the Elderly and Persons with Disabilities
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-28
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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in California