Inspire Medical, Inc.
Inspire Medical, Inc. is a business in Louisville, Kentucky, classified under the industry All Other Outpatient Care Centers (NAICS 621498). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,714,800, approved on January 24, 2025, by Stock Yards Bank & Trust Company.
SBA 7(a) loan, change of ownership, approved Jan 24, 2025
$1,714,800 approvedLender: Stock Yards Bank & Trust Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,714,800
- SBA-guaranteed amount
- $1,286,100 (75% of the approval)
- Lender
- Stock Yards Bank & Trust Company, Louisville, KY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 24, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $20,355 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 138
- Business type
- Corporation
- NAICS
- 621498, All Other Outpatient Care Centers
- Project location
- Jefferson County, KY
- SBA district office
- Kentucky District Office
- Congressional district
- KY-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in All Other Outpatient Care Centers: $2,116,356.
- Average acquisition loan in Kentucky: $1,988,993.
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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