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Prime Care Senior Living, LLC

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

Prime Care Senior Living, LLC is an assisted living facility for the elderly located in Dixon, California, classified under NAICS code 623312. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $2.2 million, approved on November 24, 2023, through Celtic Bank Corporation.

SBA 7(a) loan, change of ownership, approved Nov 24, 2023

$2,210,000 approvedLender: Celtic Bank Corporation25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,210,000
SBA-guaranteed amount
$1,657,500 (75% of the approval)
Lender
Celtic Bank Corporation, Salt Lake City, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
25 years (300 months)
Estimated maturity
November 24, 2048 (estimated, approval date plus term)
Estimated monthly payment
$20,866 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 6, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
27
Business type
Corporation
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
Solano County, CA
SBA district office
San Francisco District Office
Congressional district
CA-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 72% 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