R&r Elite Care Alpine LLC
R&r Elite Care Alpine LLC, located in Beaverton, OR, 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 $990,000, approved on September 19, 2024, through Mountain Pacific Bank, and the loan is reported to create or retain 2 jobs.
SBA 7(a) loan, change of ownership, approved Sep 19, 2024
$990,000 approvedLender: Mountain Pacific Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $990,000
- SBA-guaranteed amount
- $742,500 (75% of the approval)
- Lender
- Mountain Pacific Bank, Everett, WA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 19, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $9,525 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 25, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Washington County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 32% 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 Oregon: $1,946,167.
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 Oregon
- Anchor Care LLC, Beaverton
- Asa Portland Care Home LLC, Portland