Main Street Registry

Baxter Road Medical Offices, LLC

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

Baxter Road Medical Offices, LLC is located in Murrieta, California, and operates in the offices of physicians (except mental health specialists) industry. The company financed real estate or equipment through an SBA 504 loan of $3,015,000, with a bank portion of $4,211,346 provided by JPMorgan Chase Bank, National Association, and the loan was approved on October 5, 2023.

SBA 504 loan, approved Oct 5, 2023

$3,015,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$3,015,000
Bank portion
$4,211,346
Estimated project size
$8,029,273 (estimated)
Estimated owner equity
$802,927 (estimated, about 10% of the project)
Bank lender
JPMorgan Chase Bank, National Association, Columbus, OH
CDC
California Statewide Certified Development Corporation
Processing method
Premier Certified Lenders Program: CDC approved under delegated SBA authority
Term
25 years (300 months)
Estimated maturity
October 5, 2048 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
20
Business type
Corporation
NAICS
621111, Offices of Physicians (except Mental Health Specialists)
Project location
Riverside County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-42
Collateral
Yes

Estimated share of project by source

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

  • Larger than 83% 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in California