Beshel Chiropractic Center
Beshel Chiropractic Center, located in Burlington, NC, operates in the offices of chiropractors industry (NAICS 621310). The company was financed with an SBA 7(a) loan for a change of ownership of $2.375 million, approved by First Bank on June 17, 2024.
SBA 7(a) loan, change of ownership, approved Jun 17, 2024
$2,375,000 approvedLender: First Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,375,000
- SBA-guaranteed amount
- $1,781,250 (75% of the approval)
- Lender
- First Bank, Southern Pines, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 17, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $33,053 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 26, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 621310, Offices of Chiropractors
- Project location
- Alamance County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 88% of acquisition loans in Offices of Chiropractors on this site.
- Average acquisition loan in Offices of Chiropractors: $1,068,282.
- Average acquisition loan in North Carolina: $1,952,444.
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 North Carolina
- Burke Street Chiropractic Group PLLC, Winston Salem
- Raleigh Family and Injury Chiropractic PLLC, Raleigh
- Binder Chiropractic, P. A., Statesville