Sagewood Vision Partners, LLC
Sagewood Vision Partners, LLC is an optometry office in Memphis, Tennessee, classified under NAICS 621320 (Offices of Optometrists). The business was financed with an SBA 7(a) loan for a change of ownership of $1 million, approved on September 29, 2026 by lender FWBank.
SBA 7(a) loan, change of ownership, approved Sep 29, 2026
$1,000,000 approvedLender: FWBank10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,000,000
- SBA-guaranteed amount
- $750,000 (75% of the approval)
- Lender
- FWBank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $12,133 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 621320, Offices of Optometrists
- Project location
- Shelby County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 36% of acquisition loans in Offices of Optometrists on this site.
- Average acquisition loan in Offices of Optometrists: $1,172,145.
- Average acquisition loan in Tennessee: $1,738,925.
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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