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Good Samaritan Senior Home LLC

Auburn, WA · Assisted Living Facilities for the Elderly · NAICS 623312

Good Samaritan Senior Home LLC is an assisted living facility for the elderly located in Auburn, Washington, classified under NAICS code 623312. The business was financed with an SBA 7(a) loan for a change of ownership of $1,064,400, approved by Celtic Bank Corporation on February 4, 2024, with a 300-month term and an estimated 6 jobs supported.

SBA 7(a) loan, change of ownership, approved Feb 4, 2024

$1,064,400 approvedLender: Celtic Bank Corporation25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,064,400
SBA-guaranteed amount
$798,300 (75% of the approval)
Lender
Celtic Bank Corporation, Salt Lake City, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
25 years (300 months)
Estimated maturity
February 4, 2049 (estimated, approval date plus term)
Estimated monthly payment
$10,050 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 12, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
King County, WA
SBA district office
Seattle District Office
Congressional district
WA-08
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 41% 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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Same industry in Washington