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High Hopes Childrens Therapy LLC

Cumming, GA · Offices of Physical, Occupational and Speech Therapists, and Audiologists · NAICS 621340

High Hopes Childrens Therapy LLC is located in Cumming, Georgia, 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 of $1,600,300, approved on November 19, 2024, through Truliant FCU. The loan reports 27 jobs.

SBA 7(a) loan, change of ownership, approved Nov 19, 2024

$1,600,300 approvedLender: Truliant FCU10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,600,300
SBA-guaranteed amount
$1,200,225 (75% of the approval)
Lender
Truliant FCU, Winston-Salem, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11%, variable
Term
10 years (120 months)
Estimated maturity
November 19, 2034 (estimated, approval date plus term)
Estimated monthly payment
$22,044 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 3, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
27
Business type
Corporation
NAICS
621340, Offices of Physical, Occupational and Speech Therapists, and Audiologists
Project location
Forsyth County, GA
SBA district office
Georgia District Office
Congressional district
GA-07
Collateral
No
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 74% 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 Georgia: $2,017,638.

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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Same industry in Georgia