Zambet Dentistry Dental Group of Adrian Radu, DDS, PC
Zambet Dentistry Dental Group of Adrian Radu, DDS, PC is an offices of dentists business in Roseville, California, classified under NAICS code 621210. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $587,000, approved on June 25, 2024 by The Huntington National Bank.
SBA 7(a) loan, change of ownership, approved Jun 25, 2024
$587,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $587,000
- SBA-guaranteed amount
- $440,250 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- June 25, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $7,122 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 31, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Placer County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 9% of acquisition loans in Offices of Dentists on this site.
- Average acquisition loan in Offices of Dentists: $1,456,655.
- Average acquisition loan in California: $1,688,228.
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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