Spa City Counseling and Wellness Inc
Spa City Counseling and Wellness Inc is located in Hot Springs, Arkansas, and operates in the offices of mental health practitioners (except physicians) industry. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,021,000, approved on September 30, 2025, by Truliant FCU.
SBA 7(a) loan, change of ownership, approved Sep 30, 2025
$1,021,000 approvedLender: Truliant FCU25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,021,000
- SBA-guaranteed amount
- $765,750 (75% of the approval)
- Lender
- Truliant FCU, Winston-Salem, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 30, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $9,278 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 621330, Offices of Mental Health Practitioners (except Physicians)
- Project location
- Garland County, AR
- SBA district office
- Arkansas District Office
- Congressional district
- AR-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 35% of acquisition loans in Offices of Mental Health Practitioners (except Physicians) on this site.
- Average acquisition loan in Offices of Mental Health Practitioners (except Physicians): $1,394,742.
- Average acquisition loan in Arkansas: $2,003,702.
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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