Madera Dental Care BB LLC
Madera Dental Care BB LLC, located in Green Valley, AZ, 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 $1,870,000, approved on May 6, 2024, by The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved May 6, 2024
$1,870,000 approvedLender: The Huntington National Bank169 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,870,000
- SBA-guaranteed amount
- $1,402,500 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 6.99%, fixed
- Term
- 14 years, 1 month (169 months)
- Estimated maturity
- June 6, 2038 (estimated, approval date plus term)
- Estimated monthly payment
- $17,421 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 10, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Pima County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 76% of acquisition loans in Offices of Dentists on this site.
- Average acquisition loan in Offices of Dentists: $1,456,655.
- Average acquisition loan in Arizona: $1,690,811.
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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