Main Street Primary Care & Aesthetics Professional Limited Liability Company
Main Street Primary Care & Aesthetics Professional Limited Liability Company is an office of physicians (except mental health specialists) located in Maysville, Kentucky. The company was financed with an SBA 7(a) loan for a change of ownership totaling $916,200, approved on December 23, 2024, through T Bank, National Association.
SBA 7(a) loan, change of ownership, approved Dec 23, 2024
$916,200 approvedLender: T Bank, National Association15 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $916,200
- SBA-guaranteed amount
- $687,150 (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
- 10.25%, variable
- Term
- 15 years (180 months)
- Estimated maturity
- December 23, 2039 (estimated, approval date plus term)
- Estimated monthly payment
- $9,986 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 621111, Offices of Physicians (except Mental Health Specialists)
- Project location
- Mason County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 34% of acquisition loans in Offices of Physicians (except Mental Health Specialists) on this site.
- Average acquisition loan in Offices of Physicians (except Mental Health Specialists): $1,706,191.
- Average acquisition loan in Kentucky: $1,988,993.
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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