Beggs Pointe Assisted Living Facility
Beggs Pointe Assisted Living Facility is an assisted living facility for the elderly in Orlando, Florida. It was financed with an SBA 7(a) loan for a change of ownership totaling $1,203,300, approved by Gulf Coast Bank and Trust Company on March 7, 2025.
SBA 7(a) loan, change of ownership, approved Mar 7, 2025
$1,203,300 approvedLender: Gulf Coast Bank and Trust Company25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,203,300
- SBA-guaranteed amount
- $902,475 (75% of the approval)
- Lender
- Gulf Coast Bank and Trust Company, New Orleans, LA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- March 7, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $10,723 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 9, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Orange County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 49% 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 Florida: $1,808,559.
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 Florida
- Waterside Preserve 2021, L.L.C., Gulf Breeze
- Seashore Senior Living, New Smyrna Beach
- Spring Hills Assisted Living, Vero Beach
- Elysian Gardens Assisted Living Facility Of Tampa, Tampa
- New Light FL, LLC, Lakeland
- Colonial Gardens Residences LLC, Lauderhill
- Kapamilya Care Inc, Clearwater
- Peter the Great II LLC, Hollywood