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Navgeet Kaur & Harjit Rana

Fair Oaks, CA · Assisted Living Facilities for the Elderly · NAICS 623312

Navgeet Kaur & Harjit Rana is an assisted living facility for the elderly located in Fair Oaks, California, in the industry category Assisted Living Facilities for the Elderly (NAICS 623312). The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,899,000, approved on January 14, 2026 by United Midwest Savings Bank National Association.

SBA 7(a) loan, change of ownership, approved Jan 14, 2026

$1,899,000 approvedLender: United Midwest Savings Bank National Association25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,899,000
SBA-guaranteed amount
$1,424,250 (75% of the approval)
Lender
United Midwest Savings Bank National Association, De Graff, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
January 14, 2051 (estimated, approval date plus term)
Estimated monthly payment
$15,291 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 13, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Individual
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
Sacramento County, CA
SBA district office
Sacramento District Office
Congressional district
CA-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 67% 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 California: $1,688,228.

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