Priority Patient Transport, Inc.
Priority Patient Transport, Inc. is located in Staunton, VA, and the SBA lists its industry as Ambulance Services. It was approved for an SBA 7(a) loan of $1,407,000 for a change of ownership on July 16, 2026.
SBA 7(a) loan, change of ownership, approved Jul 16, 2026
- Gross approval
- $1,407,000
- SBA-guaranteed amount
- $1,055,250 (75% of the approval)
- Lender
- Capital Bank, National Association, Rockville, MD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 16, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $17,445 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 27, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 92
- Business type
- Corporation
- NAICS
- 621910, Ambulance Services
- Project location
- Staunton City County, VA
- SBA district office
- Richmond District Office
- Congressional district
- VA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Ambulance Services: $1,257,938.
- Average acquisition loan in Virginia: $1,860,760.
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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