Spine and Neuropathy Institute LLC
Spine and Neuropathy Institute LLC is a chiropractic office in Surfside Beach, South Carolina, classified under NAICS code 621310 (Offices of Chiropractors). The company was financed with an SBA 7(a) loan for a change of ownership of $749,000, approved on September 22, 2026 by United Midwest Savings Bank National Association.
SBA 7(a) loan, change of ownership, approved Sep 22, 2026
$749,000 approvedLender: United Midwest Savings Bank National Association10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $749,000
- SBA-guaranteed amount
- $561,750 (75% of the approval)
- Lender
- United Midwest Savings Bank National Association, De Graff, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 22, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $9,488 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 621310, Offices of Chiropractors
- Project location
- Horry County, SC
- SBA district office
- South Carolina District Office
- Congressional district
- SC-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 47% of acquisition loans in Offices of Chiropractors on this site.
- Average acquisition loan in Offices of Chiropractors: $1,068,282.
- Average acquisition loan in South Carolina: $1,827,509.
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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