Country View Operations Corp
Country View Operations Corp is located in Peterstown, WV, and the SBA lists its industry as Assisted Living Facilities for the Elderly. It was approved for an SBA 7(a) loan of $1,494,400 for a change of ownership on January 24, 2025.
SBA 7(a) loan, change of ownership, approved Jan 24, 2025
- Gross approval
- $1,494,400
- SBA-guaranteed amount
- $1,120,800 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.9%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- January 24, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $11,435 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 4, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 50
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Monroe County, WV
- SBA district office
- West Virginia District Office
- Congressional district
- WV-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 58% 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 West Virginia: $2,753,191.
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 West Virginia
- S&L Integrated Care LLC, Weirton