Bayside Sport & Spine PLLC
Bayside Sport & Spine PLLC is a chiropractic office located in Saint Petersburg, Florida, in the offices of chiropractors industry. The business was financed with an SBA 7(a) loan for a change of ownership totaling $562,500, provided by Lake Michigan CU, with approval dated July 14, 2025.
SBA 7(a) loan, change of ownership, approved Jul 14, 2025
$562,500 approvedLender: Lake Michigan CU10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $562,500
- SBA-guaranteed amount
- $421,875 (75% of the approval)
- Lender
- Lake Michigan CU, Grand Rapids, MI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 14, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,279 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 621310, Offices of Chiropractors
- Project location
- Pinellas County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-13
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 22% of acquisition loans in Offices of Chiropractors on this site.
- Average acquisition loan in Offices of Chiropractors: $1,068,282.
- 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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