Mcabee Medical Inc.

1401 6th Ave, Decatur, AL 35601 · All Other Health and Personal Care Stores (NAICS 446199)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$4.1M

Jobs Supported

54

Years Active

1995–2021

Loan History (3)

Source: SBA FOIA
7(a)$1,939,000
Cancelled
Approved
Mar 4, 2021 (FY2021)
SBA Guaranteed
$1,745,100 (90%)
Term
156 months (13.0 yrs)
Interest Rate
5.75%
Revolver
0
Jobs Supported
27
Business Type
Corporation
Business Age
Change of Ownership
Industry
All Other Health and Personal Care Stores (NAICS 446199)

Lender

Cadence Bank

201 S Spring St, Tupelo, MS 38804

Project Location

Morgan County, AL

7(a)$1,939,000
Exempt
Approved
Mar 5, 2021 (FY2021)
SBA Guaranteed
$1,745,100 (90%)
Term
156 months (13.0 yrs)
Interest Rate
5.75%
Revolver
0
Jobs Supported
27
Business Type
Corporation
Business Age
Change of Ownership
Industry
All Other Health and Personal Care Stores (NAICS 446199)

Lender

Cadence Bank

201 S Spring St, Tupelo, MS 38804

Project Location

Morgan County, AL

7(a)$270,000
Paid in Full
Approved
Jul 6, 1995 (FY1995)
SBA Guaranteed
$229,500 (85%)
Term
120 months (10.0 yrs)
Revolver
0
Business Type
Corporation
Paid in Full
May 31, 2005

Lender

Renasant Bank

209 Troy St, Tupelo, MS 38804

Project Location

Morgan County, AL

Business Details

Business Type
Corporation
Business Age
Change of Ownership
NAICS Code
446199 All Other Health and Personal Care Stores
Address
1401 6th Ave
Decatur, AL 35601

Lenders

Cadence Bank
201 S Spring St, Tupelo, MS 38804
Renasant Bank
209 Troy St, Tupelo, MS 38804

Other SBA Borrowers in Decatur

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