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Navneet Gill, a married woman as her sole and separate property

Salida, CA · Nursing Care Facilities (Skilled Nursing Facilities) · NAICS 623110

Navneet Gill, a married woman as her sole and separate property, is a nursing care facility (skilled nursing facility) located in Salida, CA. The business was financed with an SBA 504 loan, which financed real estate or equipment through an SBA 504 loan of $1,232,000 with First-Citizens Bank & Trust Company as the lender, approved on March 18, 2026.

SBA 504 loan, approved Mar 18, 2026

$1,232,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,232,000
Bank portion
$800,000
Estimated project size
$2,257,778 (estimated)
Estimated owner equity
$225,778 (estimated, about 10% of the project)
Bank lender
First-Citizens Bank & Trust Company, Raleigh, NC
CDC
The Mortgage Capital Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
March 18, 2051 (estimated, approval date plus term)
First disbursement
Jul 15, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
20
Business type
Corporation
NAICS
623110, Nursing Care Facilities (Skilled Nursing Facilities)
Project location
Stanislaus County, CA
SBA district office
Fresno District Office
Congressional district
CA-10
Collateral
Yes

Estimated share of project by source

Bank 35% SBA (CDC) 55% Owner 10%

  • Larger than 23% of expansion loans in Nursing Care Facilities (Skilled Nursing Facilities) on this site.
  • Average expansion loan in Nursing Care Facilities (Skilled Nursing Facilities): $2,434,200.
  • Average expansion loan in California: $2,161,468.

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 California