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Songbird Care Homes Salinas LLC

Salinas, CA · Assisted Living Facilities for the Elderly · NAICS 623312

Songbird Care Homes Salinas LLC is an assisted living facility for the elderly located in Salinas, California, and is listed under NAICS code 623312. The company financed real estate or equipment through an SBA 504 loan of $1,737,000, approved on June 25, 2026, with Pacific Valley Bank as the lender and The Mortgage Capital Development Corporation as the certified development company.

SBA 504 loan, approved Jun 25, 2026

$1,737,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,737,000
Bank portion
$2,410,000
Estimated project size
$4,607,778 (estimated)
Estimated owner equity
$460,778 (estimated, about 10% of the project)
Bank lender
Pacific Valley Bank, Salinas, CA
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
June 25, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
10
Business type
Corporation
NAICS
623312, Assisted Living Facilities for the Elderly
Project location
Monterey County, CA
SBA district office
Fresno District Office
Congressional district
CA-20
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 52% of expansion loans in Assisted Living Facilities for the Elderly on this site.
  • Average expansion loan in Assisted Living Facilities for the Elderly: $1,996,284.
  • Average expansion loan in California: $2,161,468.

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