839 East Grand LLC
839 East Grand LLC is an office of dentists located in Escondido, California, classified under NAICS code 621210. The business financed real estate or equipment through an SBA 504 loan of $2,537,000 from the California Statewide Certified Development Corporation, with Academy Bank National Association as the bank partner, and the loan was approved on September 5, 2024.
SBA 504 loan, approved Sep 5, 2024
$2,537,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,537,000
- Bank portion
- $3,096,250
- Estimated project size
- $6,259,167 (estimated)
- Estimated owner equity
- $625,917 (estimated, about 10% of the project)
- Bank lender
- Academy Bank National Association, Kansas City, MO
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 5, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- San Diego County, CA
- SBA district office
- San Diego District Office
- Congressional district
- CA-50
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 90% of expansion loans in Offices of Dentists on this site.
- Average expansion loan in Offices of Dentists: $1,725,244.
- 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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