SBA lending record
Anikare inc
328 E MORRELL ST, Otsego, MI 49078 · 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.
$520K
Total SBA financing
1
Loan on record
FY2022
On record
6
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Anikare inc your business?
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The loan
$520,000 — FY2022
- Gross approval
- $520,000
- SBA guaranteed
- $390,000 (75%)
- Status
- Current
- Rate at approval
- 5.75% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 4/14/2022
- First disbursement
- 6/30/2022
- Days to fund
- 77 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Assisted Living Facilities for the Elderly
- NAICS code
- 623312
- Lender
- Live Oak Banking Company
- Address
- 328 E MORRELL ST
- City
- Otsego, 49078
- County
- Allegan
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 6
The lender
Live Oak Banking Company
1 loan to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding assisted living facilities for the elderly — by location, industry.
Similar businesses
Comparable assisted living facilities for the elderly in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Hilten Group Home LLC
Battle Creek, MI· ~30 mi
Assisted Living Facilities for the Elderly
- $335K
- SBA financing
- ≈ $657K–$1.1M
- Est. revenue (rough)
STONE RIDGE AFC, LLC
Bellevue, MI· ~26 mi
Assisted Living Facilities for the Elderly
- $975K
- SBA financing
- ≈ $1.9M–$3.2M
- Est. revenue (rough)
Country Woods Adult Care LLC
Potterville, MI· ~51 mi
Assisted Living Facilities for the Elderly
- $580K
- SBA financing
- ≈ $1.1M–$1.9M
- Est. revenue (rough)
KC Assisted Living Corporation
Portland, MI· ~47 mi
Assisted Living Facilities for the Elderly
- $908K
- SBA financing
- ≈ $1.8M–$3.0M
- Est. revenue (rough)
Divine Nest of Williamston Inc
Williamston, MI· ~73 mi
Assisted Living Facilities for the Elderly
- $496K
- SBA financing
- ≈ $972K–$1.6M
- Est. revenue (rough)
Woodland Park Assisted Living
Flint, MI· ~112 mi
Assisted Living Facilities for the Elderly
- $550K
- SBA financing
- ≈ $1.1M–$1.8M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Anikare inc in Otsego, MI (Assisted Living Facilities for the Elderly). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $520K
- On record FY2022
- 6 jobs supported
- Industry: Assisted Living Facilities for the Elderly
- Location: Otsego, MI
- Lender: Live Oak Banking Company
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Assisted Living Facilities for the Elderly businesses in MI for ~$520k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
Is Anikare inc your business?
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Anikare inc.