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Assisted Living Facilities for the Elderly: SBA acquisition loans in Florida
15 SBA-financed business acquisitions in Florida classified as Assisted Living Facilities for the Elderly, FY2024–FY2026. Median loan $1.9M. See which lenders did them.
- Acquisitions financed
- 15
- Total approved
- $28.5M
- Median loan
- $1.9M
- Middle half of loans
- $742K to $2.8M
- Median starting rate
- 9.75%
- Median term
- 25 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Gulf Coast Bank and Trust Company | 4 | 27% | $2.1M | $8.0M |
| 2 | Live Oak Banking Company | 2 | 13% | $2.9M | $5.8M |
| 3 | First Internet Bank of Indiana | 2 | 13% | $1.4M | $2.8M |
| 4 | Celtic Bank Corporation | 1 | 7% | $5.0M | $5.0M |
| 5 | Hanover Community Bank | 1 | 7% | $2.5M | $2.5M |
| 6 | CRF Small Business Loan Company, LLC | 1 | 7% | $1.9M | $1.9M |
| 7 | Midwest Regional Bank | 1 | 7% | $769K | $769K |
| 8 | Stone Bank | 1 | 7% | $715K | $715K |
| 9 | Newtek Bank, National Association | 1 | 7% | $700K | $700K |
| 10 | Banesco USA | 1 | 7% | $335K | $335K |
For comparison, the same industry nationwide: 138 loans, median $1.1M, median starting rate 9.50%. See Assisted Living Facilities for the Elderly in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.