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Mountain Cove Senior Lovingcare LLC

Phoenix, AZ · Assisted Living Facilities for the Elderly · NAICS 623312

Mountain Cove Senior Lovingcare LLC is an assisted living facility for the elderly in Phoenix, Arizona, in the NAICS category for assisted living facilities. The company was approved for an SBA 504 loan that financed real estate or equipment, with an SBA portion of $1,051,000 from The Mortgage Capital Development Corporation, with Prism Bank as the bank lender, and an approval date of September 9, 2026.

SBA 504 loan, approved Sep 9, 2026

$1,051,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,051,000
Bank portion
$1,456,000
Estimated project size
$2,785,556 (estimated)
Estimated owner equity
$278,556 (estimated, about 10% of the project)
Bank lender
Prism Bank, Guthrie, OK
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
September 9, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
10
Business type
Corporation
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
Maricopa County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-6
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 3% 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 Arizona: $2,074,452.

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 Arizona