Assisted Living Facilities for the Elderly acquisitions in Florida: SBA loan data
Since FY2018, SBA lenders have approved 38 7(a) loans to buy an existing business classified as Assisted Living Facilities for the Elderly in Florida, totaling $61.7M. The median loan was $869,450. That is 1.0% of the 3,624 acquisition loans in Florida.
- Loans, FY2018-FY2026
- 38
- Median loan
- $869,450 (middle half $535,250 to $2,656,750)
- Top lender
- Celtic Bank Corporation (18%, 7 loans)
- FY2026 loans (latest complete year)
- 1
SBA lenders approved 38 7(a) loans to buy a business classified as Assisted Living Facilities for the Elderly in Florida from FY2018-FY2026, with a median of $869,450 and a middle half of $535,250 to $2,656,750. Celtic Bank Corporation made 18% of them. FY2026 had 1 loans.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
How Assisted Living Facilities for the Elderly in Florida compares
| Measure | Assisted Living Facilities for... | Florida, all industries | Assisted Living..., nationwide | All acquisitions |
|---|---|---|---|---|
| Median loan | $869,450 | $751,700 | $997,300 | $645,250 |
| Middle half of loans | $535,250 to $2,656,750 | $350,000 to $1,584,250 | $623,750 to $1,774,500 | $283,000 to $1,465,000 |
| Average initial rate | 7.99% | 8.14% | 7.37% | 7.76% |
| Median term | 25 years | 10 years | 25 years | 10 years |
| Charge-off rate (seasoned loans) | n/a | 5.7% | 0.0% | 3.5% |
| Loans in sample | 38 | 3,624 | 443 | 48,902 |
The median for Assisted Living Facilities for the Elderly acquisition loans in Florida is $869,450, above the $751,700 median for all Florida acquisitions, slightly below the $997,300 median for Assisted Living Facilities for the Elderly acquisitions nationwide and above the $645,250 median for all SBA-financed acquisitions nationally.
The middle half runs $535,250 to $2,656,750, against $283,000 to $1,465,000 nationally; the median term is 25 years, longer than the national median of 10 years; the average initial rate is 7.99%, above the 7.76% national average.
Too few of these loans are old enough to measure a charge-off rate; the national rate for seasoned acquisition loans is 3.5%.
Loan size distribution
| Loan size | Assisted Living Facilities for... | All acquisitions |
|---|---|---|
| Under $350K | 13% | 30% |
| $350K to under $1M | 42% | 33% |
| $1M to under $2M | 8% | 19% |
| $2M and over | 37% | 17% |
Most Assisted Living Facilities for the Elderly acquisition loans in Florida (55%) were under $1M, and the largest single band is $350K to under $1M at 42%, against 33% of all acquisition loans.
Bands are fixed dollar ranges chosen for comparison. They are not SBA program limits.
Lender concentration
Celtic Bank Corporation made 18% of Assisted Living Facilities for the Elderly acquisition loans in Florida, and the top three lenders together made 45%. 4 of the 18 lenders involved made three or more. Repeat experience is spread across many banks. That is a rough guide to how many banks have seen this kind of deal before.
Recent activity
In FY2025 and FY2026 combined, 10 Assisted Living Facilities for the Elderly acquisition loans in Florida were approved. Fewer than 10 loans were approved in FY2023 and FY2024, so no change is computed. The median was $1,529,150, well above the $869,450 median across all years.
Assisted Living Facilities for the Elderly acquisition loans in Florida by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 4 | $3.8M | $399,000 | |
| FY2019 | 6 | $5.6M | $856,550 | |
| FY2020 | 4 | $6.9M | $736,500 | |
| FY2021 | 5 | $9M | $566,000 | |
| FY2022 | 2 | $4.7M | $2,357,350 | |
| FY2023 | 3 | $3.9M | $847,000 | |
| FY2024 | 4 | $10.4M | $2,654,500 | |
| FY2025 | 9 | $16.6M | $1,855,000 | |
| FY2026 | 1 | $769K | $769,000 |
How often do these acquisition loans fail?
Fewer than 20 Assisted Living Facilities for the Elderly in Florida acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Celtic Bank Corporation | 7 | 18.4% | $14.1M | |
| 2 | Live Oak Banking Company | 5 | 13.2% | $14.7M | |
| 3 | Gulf Coast Bank and Trust Company | 5 | 13.2% | $8.4M | |
| 4 | North State Bank | 4 | 10.5% | $3.6M | |
| 5 | First Internet Bank of Indiana | 2 | 5.3% | $2.8M |
Top franchise brands
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Bee Hive Homes | 1 | 2.6% | $2.7M |
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Questions buyers ask
How much do SBA loans for Assisted Living Facilities for the Elderly acquisitions in Florida run?
The median SBA 7(a) loan was $869,450 across 38 loans (FY2018 to FY2026), with the middle half between $535,250 and $2,656,750. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Assisted Living Facilities for the Elderly acquisitions in Florida?
Celtic Bank Corporation (7), Live Oak Banking Company (5), Gulf Coast Bank and Trust Company (5), North State Bank (4), First Internet Bank of Indiana (2). Some lenders repeatedly finance this industry in this state; the counts above show which.
How often do Assisted Living Facilities for the Elderly acquisition loans fail in Florida?
Fewer than 20 loans in this combination are old enough to measure losses reliably, so no rate is shown. The national benchmark for all SBA acquisition loans is 3.5% (FY2018 to FY2021 cohort).
Are franchised businesses part of Assisted Living Facilities for the Elderly acquisitions in Florida?
1 of the 38 loans (3%) involved a franchise brand, most often Bee Hive Homes (1).
How much do you need down for an SBA loan to buy an Assisted Living Facilities for the Elderly business in Florida?
The SBA requires the buyer to make an equity injection, commonly 10% of total project cost, and a lender may ask for more. The SBA file does not record injections, so the figures here are the financed portion: the median for Assisted Living Facilities for the Elderly acquisition loans in Florida was $869,450, and the middle half ran $535,250 to $2,656,750.
How long does an SBA acquisition loan take?
For a change-of-ownership 7(a) loan, 45 to 90 days from application to close is typical. It varies by lender and by how quickly third-party reports, such as the business valuation and appraisal, come back. The SBA file records approval dates, not application dates, so this site cannot measure it. Lenders approved 10 Assisted Living Facilities for the Elderly acquisition loans in Florida in FY2025 and FY2026.
Which banks make SBA loans for an Assisted Living Facilities for the Elderly business in Florida?
By loan count, FY2018 to FY2026: Celtic Bank Corporation (7), Live Oak Banking Company (5), Gulf Coast Bank and Trust Company (5), North State Bank (4), First Internet Bank of Indiana (2). Celtic Bank Corporation made 18% of Assisted Living Facilities for the Elderly acquisition loans in Florida. Counts show past approvals only and do not predict whether a lender will approve a particular deal.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Florida acquisitions
- Assisted Living Facilities for the Elderly nationally
- Assisted Living Facilities for the Elderly in California
- Assisted Living Facilities for the Elderly in Washington
- Assisted Living Facilities for the Elderly in Arizona
- Assisted Living Facilities for the Elderly in North Carolina
- Assisted Living Facilities for the Elderly in Oregon
- Full-Service Restaurants in Florida
- Child Care Services in Florida
- All Other Specialty Trade Contractors in Florida
- Landscaping Services in Florida
- Insurance Agencies and Brokerages in Florida
- Plumbing, Heating, and Air-Conditioning Contractors in Florida
- Hotels and Motels in Florida
- Limited-Service Restaurants in Florida
Small samples move a lot: each loan in this combination is 3% of the count. Industry is the NAICS code the lender recorded. See the methodology.
Cite this data
SBA Acquisition Data, "Assisted Living Facilities for the Elderly in Florida: SBA acquisition loan data", https://sbaacquisitiondata.com/state/fl/assisted-living-facilities-for-the-elderly-623312 (data as of September 30, 2026). Source: U.S. Small Business Administration 7(a) loan file, data.sba.gov. Aggregated by SBA Acquisition Data.
The figures on this page are also published as JSON at https://sbaacquisitiondata.com/data/state/fl/assisted-living-facilities-for-the-elderly-623312.json.