Simply You Wellness
Simply You Wellness is a home health care services business located in Bismarck, North Dakota, classified under NAICS code 621610 (Home Health Care Services). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,360,000, approved through Dakota Business Lending with Security First Bank of North Dakota as the lender, and the approval date is April 1, 2025.
SBA 504 loan, approved Apr 1, 2025
$1,360,000 SBA portionCDC: Dakota Business Lending25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,360,000
- Bank portion
- $1,651,450
- Estimated project size
- $3,346,056 (estimated)
- Estimated owner equity
- $334,606 (estimated, about 10% of the project)
- Bank lender
- Security First Bank of North Dakota, New Salem, ND
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 1, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 621610, Home Health Care Services
- Project location
- Burleigh County, ND
- SBA district office
- North Dakota District Office
- Congressional district
- ND-0
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 46% 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 North Dakota: $1,912,640.
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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