New York Orthodontic Group PLLC
New York Orthodontic Group PLLC is an office of dentists located in New York, NY. The business was financed with an SBA 504 loan, which financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,635,000 and a total project amount of $2,000,000, approved on July 9, 2024 by TD Bank, National Association through Empire State Certified Development Corporation.
SBA 504 loan, approved Jul 9, 2024
$1,635,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,635,000
- Bank portion
- $2,000,000
- Estimated project size
- $4,038,889 (estimated)
- Estimated owner equity
- $403,889 (estimated, about 10% of the project)
- Bank lender
- TD Bank, National Association, Wilmington, DE
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 9, 2049 (estimated, approval date plus term)
- First disbursement
- Jun 17, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- New York County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-10
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 58% of expansion loans in Offices of Dentists on this site.
- Average expansion loan in Offices of Dentists: $1,725,244.
- Average expansion loan in New York: $2,225,161.
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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