VM Medical Group, A California Corporation
VM Medical Group, A California Corporation, located in Huntington Beach, CA, operates in the offices of physicians (except mental health specialists) industry. The company financed real estate or equipment through an SBA 504 loan of $1,347,000 approved on May 2, 2025, through BMO Bank National Association with California Statewide Certified Development Corporation.
SBA 504 loan, approved May 2, 2025
$1,347,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,347,000
- Bank portion
- $1,633,000
- Estimated project size
- $3,311,111 (estimated)
- Estimated owner equity
- $331,111 (estimated, about 10% of the project)
- Bank lender
- BMO Bank National Association, Chicago, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 2, 2050 (estimated, approval date plus term)
- First disbursement
- Oct 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 621111, Offices of Physicians (except Mental Health Specialists)
- Project location
- Orange County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-47
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 26% 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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