Main Street Registry

Skin and Beauty Center Inc

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

Skin and Beauty Center Inc is located in Burbank, California, and is classified under the NAICS industry for offices of physicians (except mental health specialists). The company financed real estate or equipment through an SBA 504 loan of $2,528,000, with total project financing of $3,091,000, approved by First-Citizens Bank & Trust Company on August 9, 2024.

SBA 504 loan, approved Aug 9, 2024

$2,528,000 SBA portionCDC: Business Finance Capital25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,528,000
Bank portion
$3,091,000
Estimated project size
$6,243,333 (estimated)
Estimated owner equity
$624,333 (estimated, about 10% of the project)
Bank lender
First-Citizens Bank & Trust Company, Raleigh, NC
CDC
Business Finance Capital
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 9, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
5
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-28
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Larger than 72% 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