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Regency Park Assisted Living OPS LLC

Eustis, FL · Assisted Living Facilities for the Elderly · NAICS 623312

Regency Park Assisted Living OPS LLC, located in Eustis, Florida, operates in the assisted living facilities for the elderly industry (NAICS 623312). The business was financed with an SBA 7(a) loan for a change of ownership of $5 million, approved by Celtic Bank Corporation on April 22, 2024.

SBA 7(a) loan, change of ownership, approved Apr 22, 2024

$5,000,000 approvedLender: Celtic Bank Corporation25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$5,000,000
SBA-guaranteed amount
$3,750,000 (75% of the approval)
Lender
Celtic Bank Corporation, Salt Lake City, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
25 years (300 months)
Estimated maturity
April 22, 2049 (estimated, approval date plus term)
Estimated monthly payment
$47,209 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 26, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
20
Business type
Corporation
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
Lake County, FL
SBA district office
North Florida District Office
Congressional district
FL-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 95% 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 Florida: $1,808,559.

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 Florida