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Posada Investments LLC

Mesa, AZ · Assisted Living Facilities for the Elderly · NAICS 623312

Posada Investments LLC is an assisted living facility for the elderly located in Mesa, Arizona, classified under NAICS code 623312. The company was financed with an SBA 7(a) loan for a change of ownership, approved in the amount of $720,000 by BNC National Bank on April 3, 2024.

SBA 7(a) loan, change of ownership, approved Apr 3, 2024

$720,000 approvedLender: BNC National Bank25 years termPaid in fullLoan details
Gross approval
$720,000
SBA-guaranteed amount
$540,000 (75% of the approval)
Lender
BNC National Bank, Glendale, AZ
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
25 years (300 months)
Estimated maturity
April 3, 2049 (estimated, approval date plus term)
Estimated monthly payment
$6,543 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 16, 2024
Loan status
Paid in full
Jobs supported
7
Business type
Corporation
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
Maricopa County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-04
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 5% 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 Arizona: $1,690,811.

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 Arizona