Main Street Registry

Yasser H. Salem, M.D., Professional Corporation

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

Yasser H. Salem, M.D., Professional Corporation, located in Orange, California, operates in the offices of physicians industry (NAICS 621111, except mental health specialists). The business financed real estate or equipment through an SBA 504 loan of $2,152,000 approved on October 1, 2024, with Harvest Commercial Capital, LLC as the lender and Business Finance Capital as the certified development company.

SBA 504 loan, approved Oct 1, 2024

$2,152,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,152,000
Bank portion
$3,000,000
Estimated project size
$5,724,444 (estimated)
Estimated owner equity
$572,444 (estimated, about 10% of the project)
Bank lender
Harvest Commercial Capital, LLC, Laguna Hills, CA
CDC
Business Finance Capital
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
October 1, 2049 (estimated, approval date plus term)
First disbursement
Jan 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
50
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-39
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 63% 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