Main Street Registry

ES Wheelchair and Stretcher Transport Inc

Sarasota, FL · Special Needs Transportation · NAICS 485991

ES Wheelchair and Stretcher Transport Inc is located in Sarasota, Florida, and operates in the special needs transportation industry (NAICS 485991). The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,175,600, approved on April 10, 2024, by T Bank, National Association.

SBA 7(a) loan, change of ownership, approved Apr 10, 2024

$1,175,600 approvedLender: T Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,175,600
SBA-guaranteed amount
$881,700 (75% of the approval)
Lender
T Bank, National Association, Dallas, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.75%, variable
Term
10 years (120 months)
Estimated maturity
April 10, 2034 (estimated, approval date plus term)
Estimated monthly payment
$16,028 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 14, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
485991, Special Needs Transportation
Project location
Sarasota County, FL
SBA district office
South Florida District Office
Congressional district
FL-16
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 42% of acquisition loans in Special Needs Transportation on this site.
  • Average acquisition loan in Special Needs Transportation: $1,330,550.
  • 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