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California Hand and Physical Therapy, A Professional Corporation.

Thousand Oaks, CA · Offices of Physical, Occupational and Speech Therapists, and Audiologists · NAICS 621340

California Hand and Physical Therapy, A Professional Corporation, is located in Thousand Oaks, California, and operates in the offices of physical, occupational and speech therapists, and audiologists industry. The business financed real estate or equipment through an SBA 504 loan of $1,001,000 approved on October 20, 2023, with First-Citizens Bank & Trust Company as the lender and Business Finance Capital as the certified development company.

SBA 504 loan, approved Oct 20, 2023

$1,001,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,001,000
Bank portion
$1,220,000
Estimated project size
$2,467,778 (estimated)
Estimated owner equity
$246,778 (estimated, about 10% of the project)
Bank lender
First-Citizens Bank & Trust Company, Raleigh, NC
CDC
Business Finance Capital
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
October 20, 2048 (estimated, approval date plus term)
First disbursement
Jan 17, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
621340, Offices of Physical, Occupational and Speech Therapists, and Audiologists
Project location
Ventura County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-26
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Average expansion loan in Offices of Physical, Occupational and Speech Therapists, and Audiologists: $1,568,000.
  • 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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Same industry in California