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Oak Ranch Senior Care

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

Oak Ranch Senior Care is located in Escondido, CA, and the SBA lists its industry as Assisted Living Facilities for the Elderly. It was approved for an SBA 7(a) loan of $1,000,000 for a change of ownership on March 19, 2025.

SBA 7(a) loan, change of ownership, approved Mar 19, 2025

Gross approval
$1,000,000
SBA-guaranteed amount
$750,000 (75% of the approval)
Lender
US Metro Bank, Garden Grove, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
25 years (300 months)
Estimated maturity
March 19, 2050 (estimated, approval date plus term)
Estimated monthly payment
$8,737 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 27, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
San Diego County, CA
SBA district office
San Diego District Office
Congressional district
CA-50
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