Lilac Homes LLC
Lilac Homes LLC is located in Moorhead, MN, and the SBA lists its industry as Nursing Care Facilities (Skilled Nursing Facilities). It was approved for an SBA 504 loan ($3,036,000 SBA portion) on August 7, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Aug 7, 2024 | $3,036,000 | $4,240,831 | $8,085,368 (estimated) | Midwest Bank | Dakota Business Lending | 25 years | n/a | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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Same industry in Minnesota
- A Faribault Senior Living LLC, Faribault