Garcia Health Services LLC
Garcia Health Services LLC is located in Miami, Florida, and operates in the offices of mental health practitioners (except physicians) industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $524,500, approved by First Horizon Bank on January 27, 2026.
SBA 7(a) loan, change of ownership, approved Jan 27, 2026
$524,500 approvedLender: First Horizon Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $524,500
- SBA-guaranteed amount
- $393,375 (75% of the approval)
- Lender
- First Horizon Bank, Memphis, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- January 27, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $3,962 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 14, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 621330, Offices of Mental Health Practitioners (except Physicians)
- 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 3% of acquisition loans in Offices of Mental Health Practitioners (except Physicians) on this site.
- Average acquisition loan in Offices of Mental Health Practitioners (except Physicians): $1,394,742.
- 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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