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TrueNorth Care Holdings LLC

San Diego, CA · Other Residential Care Facilities · NAICS 623990

TrueNorth Care Holdings LLC is a business in San Diego, California, in the other residential care facilities industry (NAICS 623990). It was financed with two SBA 7(a) loans for a change of ownership, totaling $2,323,000, approved by Plumas Bank on January 29 and January 30, 2026.

SBA 7(a) loan, change of ownership, approved Jan 30, 2026

$1,251,500 approvedLender: Plumas Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,251,500
SBA-guaranteed amount
$938,625 (75% of the approval)
Lender
Plumas Bank, Quincy, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, fixed
Term
25 years (300 months)
Estimated maturity
January 30, 2051 (estimated, approval date plus term)
Estimated monthly payment
$9,453 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 17, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
623990, Other Residential Care Facilities
Project location
San Diego County, CA
SBA district office
San Diego District Office
Congressional district
CA-52
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Average acquisition loan in Other Residential Care Facilities: $1,301,729.
  • 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.

SBA 7(a) loan, change of ownership, approved Jan 29, 2026

$1,071,500 approvedLender: Plumas Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,071,500
SBA-guaranteed amount
$803,625 (75% of the approval)
Lender
Plumas Bank, Quincy, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, fixed
Term
25 years (300 months)
Estimated maturity
January 29, 2051 (estimated, approval date plus term)
Estimated monthly payment
$8,093 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 17, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
623990, Other Residential Care Facilities
Project location
San Diego County, CA
SBA district office
San Diego District Office
Congressional district
CA-52
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Average acquisition loan in Other Residential Care Facilities: $1,301,729.
  • 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