Meridian Advanced Psychiatry, LLC
Meridian Advanced Psychiatry, LLC is an outpatient mental health and substance abuse center located in Meridian, Idaho, in the industry classified as Outpatient Mental Health and Substance Abuse Centers (NAICS 621420). The company was financed with an SBA 7(a) loan for a change of ownership of $4,212,000, approved on December 2, 2025, by Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Dec 2, 2025
$4,212,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,212,000
- SBA-guaranteed amount
- $3,159,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 2, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $51,103 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 20, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 70
- Business type
- Corporation
- NAICS
- 621420, Outpatient Mental Health and Substance Abuse Centers
- Project location
- Ada County, ID
- SBA district office
- Boise District Office
- Congressional district
- ID-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Outpatient Mental Health and Substance Abuse Centers: $2,378,700.
- Average acquisition loan in Idaho: $1,527,113.
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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