Motion Medical Inc
Motion Medical Inc is a business located in Pelham, Alabama, classified under Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS 423990). The company was financed with an SBA 7(a) loan for a change of ownership totaling $1.2 million, approved on September 23, 2025, through Pinnacle Bank.
SBA 7(a) loan, change of ownership, approved Sep 23, 2025
$1,200,000 approvedLender: Pinnacle Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,200,000
- SBA-guaranteed amount
- $900,000 (75% of the approval)
- Lender
- Pinnacle Bank, Nashville, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 23, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $14,878 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 423990, Other Miscellaneous Durable Goods Merchant Wholesalers
- Project location
- Shelby County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 38% of acquisition loans in Other Miscellaneous Durable Goods Merchant Wholesalers on this site.
- Average acquisition loan in Other Miscellaneous Durable Goods Merchant Wholesalers: $2,301,987.
- Average acquisition loan in Alabama: $1,764,717.
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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