Premiere Dental Spa
Premiere Dental Spa, located in Red Bank, New Jersey, operates in the offices of dentists industry (NAICS 621210). The company was financed with an SBA 7(a) loan for a change of ownership totaling $1.1 million, approved on May 12, 2025 by Live Oak Banking Company, and the loan reports 6 jobs.
SBA 7(a) loan, change of ownership, approved May 12, 2025
$1,100,000 approvedLender: Live Oak Banking Company25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,100,000
- SBA-guaranteed amount
- $825,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- May 12, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $8,673 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Monmouth County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 48% of acquisition loans in Offices of Dentists on this site.
- Average acquisition loan in Offices of Dentists: $1,456,655.
- Average acquisition loan in New Jersey: $1,626,307.
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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