Princeton Dental
Princeton Dental in Princeton, Minnesota, operates in the offices of dentists industry (NAICS 621210). The business financed real estate or equipment through an SBA 504 loan of $1,063,000, approved May 19, 2025, through Sentry Bank with Midwest Business Finance Corporation as the certified development company.
SBA 504 loan, approved May 19, 2025
$1,063,000 SBA portionCDC: Midwest Business Finance Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,063,000
- Bank portion
- $1,291,250
- Estimated project size
- $2,615,833 (estimated)
- Estimated owner equity
- $261,583 (estimated, about 10% of the project)
- Bank lender
- Sentry Bank, Saint Joseph, MN
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 19, 2050 (estimated, approval date plus term)
- First disbursement
- Sep 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Mille Lacs County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-6
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 6% of expansion loans in Offices of Dentists on this site.
- Average expansion loan in Offices of Dentists: $1,725,244.
- Average expansion loan in Minnesota: $2,136,981.
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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