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North Orlando Orthodontics LLC

Debary, FL · Offices of Dentists · NAICS 621210

North Orlando Orthodontics LLC is an office of dentists located in DeBary, Florida, classified under NAICS code 621210. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1.65 million, approved on November 12, 2024, through United Community Bank, with 5 jobs reported.

SBA 7(a) loan, change of ownership, approved Nov 12, 2024

$1,650,000 approvedLender: United Community Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,650,000
SBA-guaranteed amount
$1,237,500 (75% of the approval)
Lender
United Community Bank, Greenville, SC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
10 years (120 months)
Estimated maturity
November 12, 2034 (estimated, approval date plus term)
Estimated monthly payment
$20,902 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 15, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
621210, Offices of Dentists
Project location
Volusia County, FL
SBA district office
North Florida District Office
Congressional district
FL-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 68% of acquisition loans in Offices of Dentists on this site.
  • Average acquisition loan in Offices of Dentists: $1,456,655.
  • Average acquisition loan in Florida: $1,808,559.

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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Same industry in Florida