Lowell Family Medical Properties, LLC
Lowell Family Medical Properties, LLC, located in Lowell, Arkansas, operates in the offices of physicians (except mental health specialists) industry. The company financed real estate or equipment through an SBA 504 loan of $1,736,000, approved on February 6, 2024, with First Security Bank as the lender and Rural Missouri, Inc. as the certified development company.
SBA 504 loan, approved Feb 6, 2024
$1,736,000 SBA portionCDC: Rural Missouri, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,736,000
- Bank portion
- $2,119,450
- Estimated project size
- $4,283,833 (estimated)
- Estimated owner equity
- $428,383 (estimated, about 10% of the project)
- Bank lender
- First Security Bank, Searcy, AR
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 6, 2049 (estimated, approval date plus term)
- First disbursement
- Aug 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 621111, Offices of Physicians (except Mental Health Specialists)
- Project location
- Benton County, AR
- SBA district office
- Arkansas District Office
- Congressional district
- AR-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 47% 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 Arkansas: $2,094,333.
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.