Main Street Registry

Carabelli Dental

Orlando, FL · Offices of Dentists · NAICS 621210

Carabelli Dental is a business in Orlando, Florida, in the offices of dentists industry (NAICS 621210). It was financed with an SBA 7(a) loan for a change of ownership totaling $1.17 million, approved on July 31, 2024, through Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Jul 31, 2024

$1,170,000 approvedLender: Live Oak Banking Company25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,170,000
SBA-guaranteed amount
$877,500 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.99%, variable
Term
25 years (300 months)
Estimated maturity
July 31, 2049 (estimated, approval date plus term)
Estimated monthly payment
$9,811 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 29, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
621210, Offices of Dentists
Project location
Orange County, FL
SBA district office
North Florida District Office
Congressional district
FL-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 53% of acquisition loans in Offices of Dentists on this site.
  • Average acquisition loan in Offices of Dentists: $1,456,655.
  • Average acquisition loan in Florida: $1,808,559.

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 Florida