Stand-Up MRI of Deerfield, LLC
Stand-Up MRI of Deerfield, LLC is a diagnostic imaging center located in Deerfield, Illinois, in the Diagnostic Imaging Centers industry (NAICS 621512). The business was financed with an SBA 7(a) loan for a change of ownership totaling $688,000, approved on June 12, 2024, through the lender VelocitySBA, LLC.
SBA 7(a) loan, change of ownership, approved Jun 12, 2024
$688,000 approvedLender: VelocitySBA, LLC10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $688,000
- SBA-guaranteed amount
- $516,000 (75% of the approval)
- Lender
- VelocitySBA, LLC, Irving, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 12, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $9,575 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 25, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 621512, Diagnostic Imaging Centers
- Project location
- Cook County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Diagnostic Imaging Centers: $978,333.
- Average acquisition loan in Illinois: $1,796,780.
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.
Is this your company? Claim or correct this listing. See Corrections.