Express Medical Billing Incorporated
Express Medical Billing Incorporated is located in Arnold, MO, and the SBA lists its industry as Office Administrative Services. It was approved for an SBA 7(a) loan of $1,650,000 for a change of ownership on September 25, 2026.
SBA 7(a) loan, change of ownership, approved Sep 25, 2026
- Gross approval
- $1,650,000
- SBA-guaranteed amount
- $1,237,500 (75% of the approval)
- Lender
- Bankwell Bank, New Canaan, CT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 25, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $21,577 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 28
- Business type
- Corporation
- NAICS
- 561110, Office Administrative Services
- Project location
- Jefferson County, MO
- SBA district office
- St. Louis District Office
- Congressional district
- MO-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Office Administrative Services: $2,895,500.
- Average acquisition loan in Missouri: $1,584,414.
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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