Gaddis Family Dental LLC
Gaddis Family Dental LLC is located in Baltimore, Ohio, and operates in the offices of dentists industry (NAICS 621210). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $914,000, approved on April 8, 2025, by United Midwest Savings Bank National Association.
SBA 7(a) loan, change of ownership, approved Apr 8, 2025
$914,000 approvedLender: United Midwest Savings Bank National Association25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $914,000
- SBA-guaranteed amount
- $685,500 (75% of the approval)
- Lender
- United Midwest Savings Bank National Association, De Graff, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- April 8, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $8,306 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 22, 2025
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Fairfield County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-12
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 34% of acquisition loans in Offices of Dentists on this site.
- Average acquisition loan in Offices of Dentists: $1,456,655.
- Average acquisition loan in Ohio: $1,840,340.
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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