Quality Health Data
Quality Health Data is located in Brooklyn, NY, and the SBA lists its industry as Offices of All Other Miscellaneous Health Practitioners. It was approved for an SBA 7(a) loan of $1,915,000 for a change of ownership on September 11, 2024. This registry lists 2 loans for the company.
SBA 7(a) loan, change of ownership, approved Sep 11, 2024
- Gross approval
- $1,915,000
- SBA-guaranteed amount
- $1,436,250 (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
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 11, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $25,840 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 23, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 621399, Offices of All Other Miscellaneous Health Practitioners
- Project location
- Kings County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 70% of acquisition loans in Offices of All Other Miscellaneous Health Practitioners on this site.
- Average acquisition loan in Offices of All Other Miscellaneous Health Practitioners: $1,578,530.
- Average acquisition loan in New York: $1,771,512.
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.
SBA 7(a) loan, change of ownership, approved Sep 11, 2024
- Gross approval
- $500,000
- SBA-guaranteed amount
- $250,000 (50% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- SBA Express: streamlined process using the lender's own procedures, with a smaller SBA guarantee
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 11, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $6,747 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 621399, Offices of All Other Miscellaneous Health Practitioners
- Project location
- Kings County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- Yes
- Average acquisition loan in Offices of All Other Miscellaneous Health Practitioners: $1,578,530.
- Average acquisition loan in New York: $1,771,512.
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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