Kewanee LLC
Petersen Health Care, founded in 1974 and headquartered in Peoria, Illinois, operates nearly 100 senior living facilities across Illinois, Iowa, and Missouri. The company, which manages the Homeowners Association for Courtyard Village in Kewanee, provides services like snow removal, landscaping, wellness programs, and meal plans for residents of its villas.
Recently, Petersen Health Care faced financial challenges, resulting in the receivership of several facilities and discussions of potential Chapter 11 bankruptcy to restructure the business. Despite these hurdles, the company aims to continue serving its communities and maintain employment for its staff while working with lenders to navigate its financial path forward.
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