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Reliable Medical Associates, Inc.

Beverly Hills, CA · Offices of Physicians (except Mental Health Specialists) · NAICS 621111

Reliable Medical Associates, Inc. is a physician office located in Beverly Hills, California, in the offices of physicians (except mental health specialists) industry. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $4,246,000, approved on September 4, 2024, through the Mortgage Capital Development Corporation and East West Bank.

SBA 504 loan, approved Sep 4, 2024

$4,246,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$4,246,000
Bank portion
$7,400,000
Estimated project size
$12,940,000 (estimated)
Estimated owner equity
$1,294,000 (estimated, about 10% of the project)
Bank lender
East West Bank, Pasadena, CA
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
September 4, 2049 (estimated, approval date plus term)
First disbursement
Mar 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
621111, Offices of Physicians (except Mental Health Specialists)
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-33
Collateral
Yes

Estimated share of project by source

Bank 57% SBA (CDC) 33% Owner 10%

  • Larger than 92% of expansion loans in Offices of Physicians (except Mental Health Specialists) on this site.
  • Average expansion loan in Offices of Physicians (except Mental Health Specialists): $2,141,987.
  • Average expansion loan in California: $2,161,468.

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 California