Loveland RE LLC
Loveland RE LLC, located in Loveland, Ohio, operates in the assisted living facilities for the elderly industry (NAICS 623312). The company financed real estate or equipment through an SBA 504 loan of $1,135,000 approved on February 14, 2025, with The Fahey Banking Company as the bank partner and Community Capital Development Corporation as the certified development company.
SBA 504 loan, approved Feb 14, 2025
$1,135,000 SBA portionCDC: Community Capital Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,135,000
- Bank portion
- $1,582,522
- Estimated project size
- $3,019,469 (estimated)
- Estimated owner equity
- $301,947 (estimated, about 10% of the project)
- Bank lender
- The Fahey Banking Company, Marion, OH
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- February 14, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Clermont County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-1
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 10% of expansion loans in Assisted Living Facilities for the Elderly on this site.
- Average expansion loan in Assisted Living Facilities for the Elderly: $1,996,284.
- Average expansion loan in Ohio: $2,096,556.
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 Ohio
- GJK Asset Holdings LLC, Liberty Township
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