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Preferred Physical Therapy Associates, Inc.

Deerfield Beach, FL · Offices of Physical, Occupational and Speech Therapists, and Audiologists · NAICS 621340

Preferred Physical Therapy Associates, Inc. is located in Deerfield Beach, Florida, in the offices of physical, occupational and speech therapists and audiologists industry. The business was financed with an SBA 7(a) loan for a change of ownership of $900,000 from Live Oak Banking Company, with approval on May 23, 2025.

SBA 7(a) loan, change of ownership, approved May 23, 2025

Gross approval
$900,000
SBA-guaranteed amount
$675,000 (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
8.75%, variable
Term
10 years (120 months)
Estimated maturity
May 23, 2035 (estimated, approval date plus term)
Estimated monthly payment
$11,279 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 4, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
17
Business type
Corporation
NAICS
621340, Offices of Physical, Occupational and Speech Therapists, and Audiologists
Project location
Broward County, FL
SBA district office
South Florida District Office
Congressional district
FL-22
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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