Beacon Podiatric Billing Services, LLC
Beacon Podiatric Billing Services, LLC is a business in Jersey City, New Jersey, in the industry of all other professional, scientific, and technical services (NAICS 541990). The company was financed with an SBA 7(a) loan for a change of ownership of $1,616,100, approved on September 15, 2025 by The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Sep 15, 2025
$1,616,100 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,616,100
- SBA-guaranteed amount
- $1,212,075 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- September 15, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $19,608 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 8, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 541990, All Other Professional, Scientific, and Technical Services
- Project location
- Hudson County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 61% of acquisition loans in All Other Professional, Scientific, and Technical Services on this site.
- Average acquisition loan in All Other Professional, Scientific, and Technical Services: $1,682,572.
- Average acquisition loan in New Jersey: $1,626,307.
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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