Reston Family Dental Center
Reston Family Dental Center is a business in Reston, Virginia, in the offices of dentists industry (NAICS 621210). The company financed real estate or equipment through an SBA 504 loan of $1,176,000 with America First Federal Credit Union, with approval dated August 19, 2024, and the loan reports 25 jobs.
SBA 504 loan, approved Aug 19, 2024
$1,176,000 SBA portionCDC: Business Finance Group, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,176,000
- Bank portion
- $1,147,051
- Estimated project size
- $2,581,168 (estimated)
- Estimated owner equity
- $258,117 (estimated, about 10% of the project)
- Bank lender
- America First Federal Credit Union, Riverdale, UT
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- August 19, 2049 (estimated, approval date plus term)
- First disbursement
- Feb 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Fairfax County, VA
- SBA district office
- Washington District Office
- Congressional district
- VA-11
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Larger than 20% of expansion loans in Offices of Dentists on this site.
- Average expansion loan in Offices of Dentists: $1,725,244.
- Average expansion loan in Virginia: $1,938,955.
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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