SBA lending record
Promise Assisted Living, LLC
1231 SOUTH ALVARADO STREET, Los Angeles, CA 90006 · 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.
$3.8M
Total SBA financing
3
Loans on record
FY2023–25
On record
139
Jobs supported
● business · ● lender — business location is the ZIP-area centroid from the public record
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All 3 loans
$500,000 — FY2025
Loan 1 of 3- Gross approval
- $500,000
- SBA guaranteed
- $250,000 (50%)
- Status
- Current
- Rate at approval
- 10.5% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/27/2025
- First disbursement
- 7/14/2025
- Days to fund
- 17 days
- Collateral
- Required
- Sold on secondary market
The lender
Live Oak Banking Company
3 loans to this business- Total assets
- $15229.8B
- Deposits
- $13966.7B
- Loans outstanding
- $12400.2B
- Net income
- $33.6B
- Return on assets
- 0.8886792544404991%
- Return on equity
- 11.66%
- Total equity
- $1171.3B
- Offices
- 1
- Founded
- 05/1
- Headquarters
- 1757 Tiburon Dr, Wilmington, NC, 28403
- FDIC cert
- 58665
- Website
Is Promise Assisted Living, LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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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 Promise Assisted Living, LLC.