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The Heathers Senior Homes, LLC

Lake in the Hills, IL · Nursing Care Facilities (Skilled Nursing Facilities) · NAICS 623110

The Heathers Senior Homes, LLC is a nursing care facility (skilled nursing facility) located in Lake in the Hills, Illinois. The company financed real estate or equipment through an SBA 504 loan of $3,406,000 with a lender of First National Bank of Omaha, with approval dated April 17, 2026.

SBA 504 loan, approved Apr 17, 2026

$3,406,000 SBA portionCDC: SomerCor 504, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$3,406,000
Bank portion
$4,735,000
Estimated project size
$9,045,556 (estimated)
Estimated owner equity
$904,556 (estimated, about 10% of the project)
Bank lender
First National Bank of Omaha, Omaha, NE
CDC
SomerCor 504, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 17, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
56
Business type
Corporation
NAICS
623110, Nursing Care Facilities (Skilled Nursing Facilities)
Project location
Mchenry County, IL
SBA district office
Illinois District Office
Congressional district
IL-6
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 77% of expansion loans in Nursing Care Facilities (Skilled Nursing Facilities) on this site.
  • Average expansion loan in Nursing Care Facilities (Skilled Nursing Facilities): $2,434,200.
  • Average expansion loan in Illinois: $2,310,827.

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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