SBA lending record
Desert Cove Assisted Living LLC
13660 Mountain View Rd, Desert Hot Springs, CA 92240 · Assisted Living Facilities for the Elderly. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$5.0M
Total SBA financing
1
Loan on record
FY2024
On record
32
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
Is Desert Cove Assisted Living LLC your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$5,000,000 — FY2024
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Current
- Rate at approval
- 10.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/23/2024
- First disbursement
- 10/1/2024
- Days to fund
- 8 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Celtic Bank Corporation
1 loan to this business- Total assets
- $4965.3B
- Deposits
- $3560.0B
- Loans outstanding
- $4068.3B
- Net income
- $40.1B
- Return on assets
- 3.2905298677485337%
- Return on equity
- 18.48%
- Total equity
- $886.6B
- Offices
- 1
- Founded
- 03/0
- Headquarters
- 268 S State St, Salt Lake City, UT, 84111
- FDIC cert
- 57056
- Website
Is Desert Cove Assisted Living LLC your business?
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Desert Cove Assisted Living LLC.