MTM Urgent Care Solutions LLC
MTM Urgent Care Solutions LLC is located in Englewood, Colorado, and is classified under the industry Offices of Physicians, Mental Health Specialists (NAICS 621112). The company was financed with an SBA 7(a) loan for a change of ownership totaling $1.41 million, approved on December 12, 2024, through Craft Bank.
SBA 7(a) loan, change of ownership, approved Dec 12, 2024
$1,410,000 approvedLender: Craft Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,410,000
- SBA-guaranteed amount
- $1,057,500 (75% of the approval)
- Lender
- Craft Bank, Atlanta, GA
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 11.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 12, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $19,824 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 13, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 34
- Business type
- Corporation
- NAICS
- 621112, Offices of Physicians, Mental Health Specialists
- Project location
- Arapahoe County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Offices of Physicians, Mental Health Specialists: $2,271,457.
- Average acquisition loan in Colorado: $1,608,658.
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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