CFC Homecare LLC
CFC Homecare LLC is located in Middleton, WI, and the SBA lists its industry as Assisted Living Facilities for the Elderly. It was approved for an SBA 7(a) loan of $500,000 for a change of ownership on January 22, 2025.
SBA 7(a) loan, change of ownership, approved Jan 22, 2025
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 22, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $6,539 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 24
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Dane County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Assisted Living Facilities for the Elderly: $1,782,411.
- Average acquisition loan in Wisconsin: $1,729,230.
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 Wisconsin
- Shell Lake HCC Holdings LLC, Shell Lake
- Unity Care Assisted Living LLC, Greenfield
- Lakeside Villa Real Estate LLC, Phillips
- Sycamore Lodge Senior Living, LLC, Mishicot
- ULLR, Inc., Milwaukee