Cara Plastic Surgery & Laser Center
Cara Plastic Surgery & Laser Center is a physicians' office located in Los Angeles, California, classified under NAICS code 621111 (Offices of Physicians, except Mental Health Specialists). The business was approved for an SBA 504 loan with an SBA portion of $1.4 million, financed through Wells Fargo Bank National Association and the certified development company Business Finance Capital, with an approval date of April 30, 2025.
SBA 504 loan, approved Apr 30, 2025
$1,400,000 SBA portionCDC: Business Finance Capital25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,400,000
- Bank portion
- $1,938,400
- Estimated project size
- $3,709,333 (estimated)
- Estimated owner equity
- $370,933 (estimated, about 10% of the project)
- Bank lender
- Wells Fargo Bank National Association, Sioux Falls, SD
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 30, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 621111, Offices of Physicians (except Mental Health Specialists)
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-33
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 29% of expansion loans in Offices of Physicians (except Mental Health Specialists) on this site.
- Average expansion loan in Offices of Physicians (except Mental Health Specialists): $2,141,987.
- Average expansion loan in California: $2,161,468.
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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