S & S Family Loving Care LLC
S & S Family Loving Care LLC, located in Port Saint Lucie, FL, operates in the assisted living facilities for the elderly industry (NAICS 623312). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $715,000, approved July 18, 2025, through Stone Bank.
SBA 7(a) loan, change of ownership, approved Jul 18, 2025
$715,000 approvedLender: Stone Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $715,000
- SBA-guaranteed amount
- $536,250 (75% of the approval)
- Lender
- Stone Bank, Mountain View, AR
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- July 18, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $6,247 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Saint Lucie County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-18
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- 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 Florida: $1,808,559.
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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