Diverse Medical Professionals, P.A.
Diverse Medical Professionals, P.A. is a medical laboratory based in Boynton Beach, Florida, classified under the NAICS industry for Medical Laboratories. The company was financed with an SBA 7(a) loan for a change of ownership of $781,500, approved on October 10, 2023 by BankUnited, National Association.
SBA 7(a) loan, change of ownership, approved Oct 10, 2023
$781,500 approvedLender: BankUnited, National Association121 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $781,500
- SBA-guaranteed amount
- $586,125 (75% of the approval)
- Lender
- BankUnited, National Association, Miami Lakes, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, fixed
- Term
- 10 years, 1 month (121 months)
- Estimated maturity
- November 10, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $9,225 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 15, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 621511, Medical Laboratories
- Project location
- Pasco County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-12
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Medical Laboratories: $1,996,440.
- 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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