Dr. Jones' Naturals
Dr. Jones' Naturals in Madisonville, Louisiana operates in the All Other Health and Personal Care Retailers industry (NAICS 456199). The business was financed with an SBA 7(a) loan for a change of ownership of $3.2 million, approved on May 27, 2025 by First Internet Bank of Indiana.
SBA 7(a) loan, change of ownership, approved May 27, 2025
$3,176,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,176,000
- SBA-guaranteed amount
- $2,382,000 (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
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 27, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $42,412 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 8, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 456199, All Other Health and Personal Care Retailers
- Project location
- Saint Tammany County, LA
- SBA district office
- Louisiana District Office
- Congressional district
- LA-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 91% of acquisition loans in All Other Health and Personal Care Retailers on this site.
- Average acquisition loan in All Other Health and Personal Care Retailers: $1,847,927.
- Average acquisition loan in Louisiana: $1,702,056.
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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