Main Street Registry

Brightstar Kids Services Corp

Winter Haven, FL · Offices of Mental Health Practitioners (except Physicians) · NAICS 621330

Brightstar Kids Services Corp, located in Winter Haven, FL, operates in the offices of mental health practitioners (except physicians) industry. The company was financed with an SBA 7(a) loan for a change of ownership of $2,679,000, approved on December 27, 2024 by First Internet Bank of Indiana.

SBA 7(a) loan, change of ownership, approved Dec 27, 2024

$2,679,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,679,000
SBA-guaranteed amount
$2,009,250 (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
10.25%, variable
Term
10 years (120 months)
Estimated maturity
December 27, 2034 (estimated, approval date plus term)
Estimated monthly payment
$35,775 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 31, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Corporation
NAICS
621330, Offices of Mental Health Practitioners (except Physicians)
Project location
Polk County, FL
SBA district office
South Florida District Office
Congressional district
FL-09
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 87% of acquisition loans in Offices of Mental Health Practitioners (except Physicians) on this site.
  • Average acquisition loan in Offices of Mental Health Practitioners (except Physicians): $1,394,742.
  • 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