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Sang Hyun Kim

Los Angeles, CA · Assisted Living Facilities for the Elderly · NAICS 623312

Sang Hyun Kim, located in Los Angeles, CA, 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, totaling $4,331,000, approved on July 2, 2025 through Southwestern National Bank and associated with 23 jobs.

SBA 7(a) loan, change of ownership, approved Jul 2, 2025

$4,331,000 approvedLender: Southwestern National Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,331,000
SBA-guaranteed amount
$3,248,250 (75% of the approval)
Lender
Southwestern National Bank, Houston, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
July 2, 2050 (estimated, approval date plus term)
Estimated monthly payment
$34,874 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 10, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
23
Business type
Individual
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-28
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 91% 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 California: $1,688,228.

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