SBA Loans for Nursing & Assisted Living Facilities
2,076 SBA loans have funded nursing & assisted living facilities nationwide, averaging $891K across 474 active SBA lenders, at an average note rate of 7.0%. SBA 7(a) loans up to $5M fund acquiring a nursing or assisted-living facility and owner-occupied real estate purchase; SBA 504 loans cover owner-occupied real estate and equipment with as little as 10% down. PeerSense reads this lending history and matches you to the lender most likely to fund a nursing care facility.
Published: ·Last updated: ·By Ed Freeman, Capital Advisor. PeerSense
Source: SBA 7(a) and 504 loan records (NAICS 623110), 2000 to present.
2,076
SBA Loans Funded
$891K
Average Loan
7.0%
Avg Note Rate
17 yrs
Avg Term
474
Active Lenders
10.5%
Charge-Off Rate (resolved-loan basis)
What nursing & assisted living facilities use SBA loans for
Where nursing & assisted living facilities get SBA financing
| State | SBA Loans | Capital Deployed |
|---|---|---|
| California | 368 | $348.6M |
| Texas | 157 | $142.4M |
| Florida | 141 | $108.7M |
| Minnesota | 114 | $89.9M |
| Ohio | 95 | $80.5M |
SBA lenders active with nursing & assisted living facilities
Ranked by real SBA funding activity in California, the top state for nursing & assisted living facilities. PeerSense routes your deal to the lender most likely to approve and price it. You work with us, not a call list.
Get matched to an SBA lender for a nursing care facility.
Tell us your loan amount and use of funds. We route you to the lender most likely to fund a nursing care facility, anywhere in the US.
SBA 7(a) / 504, Nursing & Assisted Living Facilities: Response within 24–48 hours. No obligation.
How nursing & assisted living facilities qualify for an SBA loan
SBA 7(a) loans are the most common path for nursing & assisted living facilities financing acquiring a nursing or assisted-living facility. They run up to $5M, fund up to 90% of a project, and amortize over 10 years for a business purchase or up to 25 years when real estate is included. SBA 504 loans pair a bank loan with a CDC debenture for owner-occupied real estate and heavy equipment, typically at 10% down.
With 2,076 loans on record across 474 lenders and a 10.5% historical charge-off rate, nursing & assisted living facilities are a well-understood credit to SBA lenders, but not every lender is active in this profession or comfortable with its deal structure. PeerSense reads the lending history and routes your deal to the lender most likely to approve and price it, then stays with you through closing.