Big Bear Therapy Institute, Inc
Big Bear Therapy Institute, Inc is located in Miami, Florida, and operates in the offices of physical, occupational and speech therapists and audiologists. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $953,000, approved by First Internet Bank of Indiana on June 10, 2025.
SBA 7(a) loan, change of ownership, approved Jun 10, 2025
$953,000 approvedLender: First Internet Bank of Indiana121 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $953,000
- SBA-guaranteed amount
- $714,750 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years, 1 month (121 months)
- Estimated maturity
- July 10, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $12,533 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 621340, Offices of Physical, Occupational and Speech Therapists, and Audiologists
- Project location
- Miami-Dade County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-26
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 44% of acquisition loans in Offices of Physical, Occupational and Speech Therapists, and Audiologists on this site.
- Average acquisition loan in Offices of Physical, Occupational and Speech Therapists, and Audiologists: $1,372,788.
- 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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