Quiescence Care Homes by RNs
Quiescence Care Homes by RNs is a home health care services business in Sacramento, California, classified under NAICS 621610. The company financed real estate or equipment through an SBA 504 loan of $1,232,000, approved on December 21, 2023, with CalPrivate Bank as the lending partner and Business Finance Capital as the certified development company. The loan is associated with 15 jobs.
SBA 504 loan, approved Dec 21, 2023
$1,232,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,232,000
- Bank portion
- $1,350,000
- Estimated project size
- $2,868,889 (estimated)
- Estimated owner equity
- $286,889 (estimated, about 10% of the project)
- Bank lender
- CalPrivate Bank, La Jolla, CA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- December 21, 2048 (estimated, approval date plus term)
- First disbursement
- Apr 17, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 621610, Home Health Care Services
- Project location
- Sacramento County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-6
- Collateral
- Yes
Estimated share of project by source
Bank 47% SBA (CDC) 43% Owner 10%
- Larger than 32% of expansion loans in Home Health Care Services on this site.
- Average expansion loan in Home Health Care Services: $1,714,929.
- Average expansion loan in California: $2,161,468.
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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- Jireh Healthcare, Inc, Corona
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