MONTCLAIR, N.J. (October 27, 2016) – Unity Bank of Clinton has provided Davis Integrated Medicine a $777,000 Small Business Administration (SBA) loan to finance the recent opening of the practice’s new 316 Orange Road offices.
“We have been in practice for 30 years and have literally moved across the street from our previous facility into a larger office that helps us treat a patient’s whole body, mind, and spirit,” said Dr. Alfred Davis Jr., D.C., director of the practice and past president of the New Jersey State Board of Chiropractic Examiners. “Our goal is really to help as many people as possible receive high quality, consistent healthcare services in a one-stop environment that is individualized to their needs. The new facility has enabled the expansion of services to meet the needs we are seeing in patients.”
Davis Integrated Medicine brings a total body approach to health and wellness with a wide array of services, including massage, chiropractic care, acupuncture, homeopathy, medical weight loss, platelet-rich plasma (PRP) therapy and physical therapy, as well as a natural approach to diabetes care. The practice’s integrated clinical team focuses on a non-surgical approach to wellness designed to treat the underlying medical conditions that present healthcare challenges.
“Our long term goal has always been to make the practice a valuable resource to people throughout the northeast and Unity Bank is helping us fulfill this vision,” said Dr. Davis, noting that the clinic draws patients from as far away as Florida. “There were some challenges to overcome in funding the property acquisition and renovations. Unity Bank has been a valuable financial partner for Davis Integrated Medicine and exceptionally responsive to all our needs.”
The practice’s new facility, which previously housed a florist and dry cleaners, features a modern, open floor plan with 10 treatment rooms and service areas, including rooms dedicated to acupuncture, physical therapy and massage therapy, which have allowed the practice to expand these services. The clinic also expanded staff from nine to 12 employees.
“Dr. Davis and his team have been a valuable part of the Montclair community for many years,” said Unity Bank President & CEO James A. Hughes. “It has been a pleasure to help the practice invest in enhanced facilities and services for current and future patients. We wish Davis Integrated Medicine continued success for many years to come.”
Unity participates in the 7(a) Loan Program, SBA’s primary program to help start-up and existing small businesses obtain financing when they might not be eligible for business loans through normal lending channels. The bank also participates in the SBA 504 Loan program, an economic development program that offers small businesses long-term, fixed-rate financing used to acquire fixed assets for expansion or modernization. Unity Bank is consistently among the top 10 of New Jersey SBA lenders in loan volume. The program also serves parts of Pennsylvania and is expanding into New York.
Dr. Davis received his Bachelor’s in Premed from Seton Hall University and Doctor of Chiropractic degree from New York Chiropractic College. He is a member of the American Chiropractic Association and the Association of New Jersey Chiropractors. Dr. Davis is involved in many community initiatives and serves as Board President for the School of the Arts at Montclair State University and co-chairperson for Montclair’s Afro-American Heritage Parade and Festival.
For more information on Davis Integrated Medicine, please visit http://www.davisintegratedmedicine.com.
About Unity Bancorp, Inc.
Unity Bancorp, Inc. (NASDAQ: UNTY), the parent company of Unity Bank, its primary and wholly owned subsidiary, is a financial services organization headquartered in Clinton, N.J. Unity Bank provides financial services to retail, corporate and small business customers through its 16 bank branches in Bergen, Hunterdon, Middlesex, Somerset, Union and Warren Counties in New Jersey and Northampton County, Pennsylvania. Unity Bank provides traditional and community-oriented commercial banking services, including personal and business checking accounts and time deposits, money market accounts and regular savings accounts. For more information, please visit www.unitybank.com or call 800-618-BANK (800-618-2265).