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Legacy Medical Associates Incorporated

Coral Springs, FL · Offices of Chiropractors · NAICS 621310

Legacy Medical Associates Incorporated is an offices of chiropractors business located in Coral Springs, Florida, classified under NAICS code 621310. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $740,000 from First National Bank of Pennsylvania, approved on June 17, 2025.

SBA 7(a) loan, change of ownership, approved Jun 17, 2025

$740,000 approvedLender: First National Bank of Pennsylvania10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$740,000
SBA-guaranteed amount
$555,000 (75% of the approval)
Lender
First National Bank of Pennsylvania, Greenville, PA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
10 years (120 months)
Estimated maturity
June 17, 2035 (estimated, approval date plus term)
Estimated monthly payment
$9,474 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 29, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
621310, Offices of Chiropractors
Project location
Broward County, FL
SBA district office
South Florida District Office
Congressional district
FL-22
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 45% of acquisition loans in Offices of Chiropractors on this site.
  • Average acquisition loan in Offices of Chiropractors: $1,068,282.
  • 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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