TD Dental Mansfield LLC
TD Dental Mansfield LLC is located in Mansfield, Ohio, and operates in the offices of dentists industry (NAICS 621210). The business was financed with an SBA 7(a) loan for a change of ownership of $1,225,000, approved on February 15, 2024, by United Midwest Savings Bank National Association.
SBA 7(a) loan, change of ownership, approved Feb 15, 2024
$1,225,000 approvedLender: United Midwest Savings Bank National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,225,000
- SBA-guaranteed amount
- $918,750 (75% of the approval)
- Lender
- United Midwest Savings Bank National Association, De Graff, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 15, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $17,048 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 1, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Richland County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 55% of acquisition loans in Offices of Dentists on this site.
- Average acquisition loan in Offices of Dentists: $1,456,655.
- Average acquisition loan in Ohio: $1,840,340.
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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