Circle Pines Family Dental, P.L.L.C.
Circle Pines Family Dental, P.L.L.C. is an office of dentists located in Circle Pines, Minnesota, classified under NAICS 621210. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $1,000,000, approved on August 8, 2025, through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Aug 8, 2025
$1,000,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,000,000
- SBA-guaranteed amount
- $750,000 (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
- 7.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 8, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $11,870 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 19, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Anoka County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 43% of acquisition loans in Offices of Dentists on this site.
- Average acquisition loan in Offices of Dentists: $1,456,655.
- Average acquisition loan in Minnesota: $1,482,119.
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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