SEDA-COG provided Robin and Randal Naylor and CR Naylor, Inc., dba North Ridge Center with a $457,800 SBA 504 loan and a $98,100 USDA IRP loan to assist with the purchase of an existing long term care facility. In addition to the SEDA-COG loans, financing for the purchase included M&T Bank and borrower’s equity.

North Ridge Center is a 24-bed assisted living facility located in McAlisterville, Juniata County, PA. Craig and Tina Zendt, the original owners, started the business in May, 2000. The assisted living concept emerged in the early 1990s as an eldercare alternative to the institutional setting often found in skilled nursing facilities at the time. This type of care is for senior citizens for whom independent living is no longer appropriate, but who do not require the 24-hour medical care provided by a nursing home. Assisted living is a philosophy of care and services promoting independence and dignity.

Robin Naylor was originally hired in January of 2006 as the administrative assistant to the administrator, and in July of 2006 she was designated as the assistant administrator. In March of this year she was promoted to the position of co-administrator.

According to Robin, SEDA-COG was “very helpful and pleasant to work with” throughout the entire loan process.

For more information on North Ridge Center give Robin a call at (717) 463-3413.