Beverly Hills Wellness Center and Med Spa
Beverly Hills Wellness Center and Med Spa, located in West Palm Beach, Florida, operates in the All Other Outpatient Care Centers industry (NAICS 621498). The business was financed with an SBA 7(a) loan for a change of ownership of $3,115,000, approved on May 23, 2025, by First Internet Bank of Indiana.
SBA 7(a) loan, change of ownership, approved May 23, 2025
$3,115,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,115,000
- SBA-guaranteed amount
- $2,336,250 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 23, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $41,165 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 621498, All Other Outpatient Care Centers
- Project location
- Palm Beach County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-20
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in All Other Outpatient Care Centers: $2,116,356.
- Average acquisition loan in Florida: $1,808,559.
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 Florida
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