1700 S. 1ST St, LLC
1700 S. 1ST St, LLC is an Austin, Texas business in the offices of dentists industry. It financed real estate or equipment through an SBA 504 loan of $2,292,000, with Horizon Bank SSB as the lender and Texas Certified Development Company, Inc. as the certified development company, approved on April 29, 2024.
SBA 504 loan, approved Apr 29, 2024
$2,292,000 SBA portionCDC: Texas Certified Development Company, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,292,000
- Bank portion
- $2,800,000
- Estimated project size
- $5,657,778 (estimated)
- Estimated owner equity
- $565,778 (estimated, about 10% of the project)
- Bank lender
- Horizon Bank SSB, Austin, TX
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- April 29, 2049 (estimated, approval date plus term)
- First disbursement
- Aug 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Travis County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-21
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 86% of expansion loans in Offices of Dentists on this site.
- Average expansion loan in Offices of Dentists: $1,725,244.
- Average expansion loan in Texas: $2,316,979.
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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