Main Street Registry

SURGIQUIP SOLUTIONS, Inc.

Houston, TX · Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers · NAICS 423450

SURGIQUIP SOLUTIONS, Inc. is located in Houston, TX, and the SBA lists its industry as Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers. It was approved for an SBA 7(a) loan of $2,405,200 for a change of ownership on November 15, 2024.

SBA 7(a) loan, change of ownership, approved Nov 15, 2024

Gross approval
$2,405,200
SBA-guaranteed amount
$1,803,900 (75% of the approval)
Lender
Bank of America, National Association, Charlotte, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.03%, fixed
Term
10 years (120 months)
Estimated maturity
November 15, 2034 (estimated, approval date plus term)
Estimated monthly payment
$27,964 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 25, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
423450, Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
Project location
Harris County, TX
SBA district office
Houston District Office
Congressional district
TX-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)

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.

Same industry in Texas