SmartTrans Ambulance Service Inc.
SmartTrans Ambulance Service Inc. is an ambulance services business located in Cockeysville, Maryland, classified under NAICS code 621910. The company was financed with an SBA 7(a) loan for a change of ownership of $985,000, approved on January 30, 2026, through Meridian Bank.
SBA 7(a) loan, change of ownership, approved Jan 30, 2026
$985,000 approvedLender: Meridian Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $985,000
- SBA-guaranteed amount
- $738,750 (75% of the approval)
- Lender
- Meridian Bank, Malvern, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 30, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $12,081 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 2, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 621910, Ambulance Services
- Project location
- Baltimore County, MD
- SBA district office
- Baltimore District Office
- Congressional district
- MD-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Ambulance Services: $1,257,938.
- Average acquisition loan in Maryland: $1,627,337.
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.
Is this your company? Claim or correct this listing. See Corrections.