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Maple Cottage Assisted Living

Hendersonville, TN · Assisted Living Facilities for the Elderly · NAICS 623312

Maple Cottage Assisted Living, located in Hendersonville, Tennessee, operates in the assisted living facilities for the elderly industry (NAICS 623312). The business was financed with an SBA 7(a) loan for a change of ownership of $2.27 million, approved through US Metro Bank on September 10, 2025.

SBA 7(a) loan, change of ownership, approved Sep 10, 2025

$2,270,000 approvedLender: US Metro Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,270,000
SBA-guaranteed amount
$1,702,500 (75% of the approval)
Lender
US Metro Bank, Garden Grove, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
September 10, 2050 (estimated, approval date plus term)
Estimated monthly payment
$18,663 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 25, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
17
Business type
Corporation
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
Sumner County, TN
SBA district office
Tennessee District Office
Congressional district
TN-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 73% 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 Tennessee: $1,738,925.

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 Tennessee