Immediate Medical Care, PA
Immediate Medical Care, PA, located in Wichita, Kansas, operates in the freestanding ambulatory surgical and emergency centers industry. The company was financed with an SBA 7(a) loan for a change of ownership of $994,500, provided by Emprise Bank and approved on May 22, 2024.
SBA 7(a) loan, change of ownership, approved May 22, 2024
$994,500 approvedLender: Emprise Bank7 years termPaid in fullLoan details
- Gross approval
- $994,500
- SBA-guaranteed amount
- $745,875 (75% of the approval)
- Lender
- Emprise Bank, Wichita, KS
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.99%, fixed
- Term
- 7 years (84 months)
- Estimated maturity
- May 22, 2031 (estimated, approval date plus term)
- Estimated monthly payment
- $15,496 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 3, 2024
- Loan status
- Paid in full
- Jobs supported
- 26
- Business type
- Corporation
- NAICS
- 621493, Freestanding Ambulatory Surgical and Emergency Centers
- Project location
- Sedgwick County, KS
- SBA district office
- Wichita District Office
- Congressional district
- KS-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Freestanding Ambulatory Surgical and Emergency Centers: $1,568,786.
- Average acquisition loan in Kansas: $1,491,022.
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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