Roots Wellness and Medspa
Roots Wellness and Medspa is a business located in Tampa, Florida, in the offices of other miscellaneous health practitioners industry (NAICS 621399). The company was financed with an SBA 7(a) loan for a change of ownership of $1,167,000, approved on December 17, 2025, through Beacon Bank and Trust.
SBA 7(a) loan, change of ownership, approved Dec 17, 2025
$1,167,000 approvedLender: Beacon Bank and Trust10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,167,000
- SBA-guaranteed amount
- $875,250 (75% of the approval)
- Lender
- Beacon Bank and Trust, Brookline, MA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 17, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $14,941 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 621399, Offices of All Other Miscellaneous Health Practitioners
- Project location
- Hillsborough County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 48% 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 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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