Allegheny Physical Medicine PC
Allegheny Physical Medicine PC, located in Bethel Park, Pennsylvania, operates in the offices of chiropractors industry. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $500,000, approved on March 10, 2025, by First Commonwealth Bank.
SBA 7(a) loan, change of ownership, approved Mar 10, 2025
$500,000 approvedLender: First Commonwealth Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- First Commonwealth Bank, Indiana, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 10, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $6,608 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 23, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 621310, Offices of Chiropractors
- Project location
- Allegheny County, PA
- SBA district office
- Pittsburgh District Office
- Congressional district
- PA-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Offices of Chiropractors: $1,068,282.
- Average acquisition loan in Pennsylvania: $1,636,965.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in Pennsylvania
- Black Oak Investments LLC, Sewickley
- Forest Hills Chiropractic Center, P.C., Pittsburgh