Main Street Registry

Serenity Health SS Limited Liability Company

Mission Viejo, CA · Assisted Living Facilities for the Elderly · NAICS 623312

Serenity Health SS Limited Liability Company, located in Mission Viejo, CA, operates in the assisted living facilities for the elderly industry (NAICS 623312). It was financed with an SBA 7(a) loan for a change of ownership of $1,063,000, approved on October 4, 2023 by Pinnacle Bank.

SBA 7(a) loan, change of ownership, approved Oct 4, 2023

$1,063,000 approvedLender: Pinnacle Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,063,000
SBA-guaranteed amount
$797,250 (75% of the approval)
Lender
Pinnacle Bank, Morgan Hill, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
25 years (300 months)
Estimated maturity
October 4, 2048 (estimated, approval date plus term)
Estimated monthly payment
$9,847 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 17, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
Orange County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-45
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 40% 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in California