Shiloh Green Homes LLC
Shiloh Green Homes LLC, based in Santa Rosa, California, 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 of $1,137,000, approved on October 14, 2023 by Pinnacle Bank, with 5 jobs reported.
SBA 7(a) loan, change of ownership, approved Oct 14, 2023
- Gross approval
- $1,137,000
- SBA-guaranteed amount
- $852,750 (75% of the approval)
- Lender
- Pinnacle Bank, Morgan Hill, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- October 14, 2048 (estimated, approval date plus term)
- Estimated monthly payment
- $10,533 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 30, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Sonoma County, CA
- SBA district office
- San Francisco District Office
- Congressional district
- CA-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 44% 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in California
- NextGen Care LLC, Dixon
- 1) Grace Villa West 2) Grace Villa, Escondido
- Songbird Care Homes Salinas LLC, Salinas
- Villa Monticello Assisted Living, Escondido
- Montclair Royale Senior Living, Inc., Montclair
- Costi Industries, Fresno
- Mission Villa Senior Living, Daly City
- Navgeet Kaur & Harjit Rana, Fair Oaks