Massage Heights, The Greens at Strongsville
Massage Heights, The Greens at Strongsville is an All Other Personal Services business located in Strongsville, Ohio, and is a franchise of Heights Wellness Retreat. The business was financed with an SBA 7(a) loan for a change of ownership of $530,000, approved by East West Bank on May 21, 2026.
SBA 7(a) loan, change of ownership, approved May 21, 2026
$530,000 approvedLender: East West Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $530,000
- SBA-guaranteed amount
- $397,500 (75% of the approval)
- Lender
- East West Bank, Pasadena, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 21, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,501 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 13, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 24
- Business type
- Corporation
- NAICS
- 812990, All Other Personal Services
- Franchise
- Heights Wellness Retreat
- Project location
- Cuyahoga County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-16
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 4% of acquisition loans in All Other Personal Services on this site.
- Average acquisition loan in All Other Personal Services: $1,504,156.
- Average acquisition loan in Ohio: $1,840,340.
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.
Is this your company? Claim or correct this listing. See Corrections.