Aarambh Group LLC
Aarambh Group LLC of Bremerton, WA operates in the assisted living facilities for the elderly industry (NAICS 623312). The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $831,000, approved through Evolve Bank and Trust on March 16, 2026.
SBA 7(a) loan, change of ownership, approved Mar 16, 2026
- Gross approval
- $831,000
- SBA-guaranteed amount
- $623,250 (75% of the approval)
- Lender
- Evolve Bank and Trust, West Memphis, AR
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- March 16, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $6,691 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 31, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Kitsap County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 17% 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 Washington: $1,784,595.
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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