Cedar Lantern Health Services LLC
Cedar Lantern Health Services LLC, located in Bryan, Texas, operates in the industry of Offices of All Other Miscellaneous Health Practitioners (NAICS 621399). The business was financed with an SBA 7(a) loan for a change of ownership totaling $715,000, provided by Live Oak Banking Company with an approval date of August 17, 2026.
SBA 7(a) loan, change of ownership, approved Aug 17, 2026
$715,000 approvedLender: Live Oak Banking Company25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $715,000
- SBA-guaranteed amount
- $536,250 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.4%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- August 17, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $5,709 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 28, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 621399, Offices of All Other Miscellaneous Health Practitioners
- Project location
- Brazos County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-17
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 25% of acquisition loans in Offices of All Other Miscellaneous Health Practitioners on this site.
- Average acquisition loan in Offices of All Other Miscellaneous Health Practitioners: $1,578,530.
- Average acquisition loan in Texas: $1,944,682.
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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