Main Street Registry

Monarch House

Newnan, GA · Assisted Living Facilities for the Elderly · NAICS 623312

Monarch House is located in Newnan, GA, and the SBA lists its industry as Assisted Living Facilities for the Elderly. It was approved for an SBA 504 loan ($2,393,000 SBA portion) on July 9, 2024 to finance real estate or equipment.

Business type
Corporation
Business age reported
Existing or more than 2 years old

SBA 504 loans

ApprovedSBA portionBank portionProject sizeLenderCDCTermJobs supportedStatus
Jul 9, 2024$2,393,000$2,327,000$5,244,444 (estimated)First Citizens BankCapital Partners Certified Development Company25 years69Status 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 Georgia