California Center for Reproductive Health
California Center for Reproductive Health is an office of physicians (except mental health specialists) located in West Hollywood, California. The business was financed with an SBA 504 loan that provided $4.765 million for real estate or equipment, with California Statewide Certified Development Corporation as the certified development company and First-Citizens Bank & Trust Company as the bank lender, approved on January 23, 2024.
SBA 504 loan, approved Jan 23, 2024
$4,765,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $4,765,000
- Bank portion
- $5,822,200
- Estimated project size
- $11,763,556 (estimated)
- Estimated owner equity
- $1,176,356 (estimated, about 10% of the project)
- Bank lender
- First-Citizens Bank & Trust Company, Raleigh, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 23, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 17, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 621111, Offices of Physicians (except Mental Health Specialists)
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-33
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 93% 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.
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