Ark Real Estate Holdings LLC
Ark Real Estate Holdings LLC, located in Dunn, North Carolina, 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 of $1,680,900, approved by The Fidelity Bank on May 7, 2025, and the loan reports 22 jobs.
SBA 7(a) loan, change of ownership, approved May 7, 2025
$1,680,900 approvedLender: The Fidelity Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,680,900
- SBA-guaranteed amount
- $1,260,675 (75% of the approval)
- Lender
- The Fidelity Bank, Fuquay Varina, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- May 7, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $14,979 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 1, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Harnett County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 62% 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 North Carolina: $1,952,444.
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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