605 Orthodontics & Smile Design
605 Orthodontics & Smile Design, located in Sioux Falls, South Dakota, operates in the offices of dentists industry (NAICS 621210). The company financed real estate or equipment through an SBA 504 loan of $1,522,000 approved on March 22, 2024, with Dacotah Bank as the lender and Dakota Business Finance as the certified development company.
SBA 504 loan, approved Mar 22, 2024
$1,522,000 SBA portionCDC: Dakota Business Finance25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,522,000
- Bank portion
- $1,812,000
- Estimated project size
- $3,704,444 (estimated)
- Estimated owner equity
- $370,444 (estimated, about 10% of the project)
- Bank lender
- Dacotah Bank, Aberdeen, SD
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 22, 2049 (estimated, approval date plus term)
- First disbursement
- Oct 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Minnehaha County, SD
- SBA district office
- South Dakota District Office
- Congressional district
- SD-0
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 52% of expansion loans in Offices of Dentists on this site.
- Average expansion loan in Offices of Dentists: $1,725,244.
- Average expansion loan in South Dakota: $2,152,356.
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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