USDA Loans Could Be Lifeline for Rural SNFs in a Currently ‘Untapped Market’

As health care consumer preference drives more skilled nursing operators to invest in private rooms and suites equipped with modern amenities, U.S. Department of Agriculture loans may be an option for operators in need of financial support for renovation and construction projects. Through the USDA’s Community Facilities Direct Loan & Grant program, the agency provides […]

SNFs Can Capitalize on Up to $10M in Forgivable Loans for Payroll, Rent — But Window May Be Short

As part of the sweeping $2 trillion coronavirus stimulus package signed into federal law last week, the Small Business Administration will soon offer up to $10 million in fully forgivable loans to small businesses across all industries under its Paycheck Protection Program (PPP). Skilled nursing facilities feeling the payroll or rent pinch can capitalize on […]