KP Estate 2 LLC
KP Estate 2 LLC is located in Sebring, FL, and the SBA lists its industry as Assisted Living Facilities for the Elderly. It was approved for an SBA 7(a) loan of $2,960,100 for a change of ownership on May 13, 2025.
SBA 7(a) loan, change of ownership, approved May 13, 2025
- Gross approval
- $2,960,100
- SBA-guaranteed amount
- $2,220,075 (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
- May 13, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $26,379 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 10, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Highlands County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-17
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 85% 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.
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