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Palm Valley SL LLC

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

Palm Valley SL LLC, located in Goodyear, AZ, operates in the assisted living facilities for the elderly industry (NAICS 623312). The company was financed with an SBA 7(a) loan for a change of ownership of $823,700, approved on August 2, 2024, through BNC National Bank.

SBA 7(a) loan, change of ownership, approved Aug 2, 2024

$823,700 approvedLender: BNC National Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$823,700
SBA-guaranteed amount
$617,775 (75% of the approval)
Lender
BNC National Bank, Glendale, AZ
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
9.5%, variable
Term
25 years (300 months)
Estimated maturity
August 2, 2049 (estimated, approval date plus term)
Estimated monthly payment
$7,197 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 6, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
4
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-08
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 14% 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 Arizona: $1,690,811.

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