Castleberry Dental, LLC
Castleberry Dental, LLC is a business in Ellsworth, Maine, in the offices of dentists industry (NAICS 621210). The company was financed with an SBA 7(a) loan for a change of ownership, totaling $1.9 million, approved on July 9, 2024 by Machias Savings Bank, with 7 jobs reported.
SBA 7(a) loan, change of ownership, approved Jul 9, 2024
$1,866,300 approvedLender: Machias Savings Bank20 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,866,300
- SBA-guaranteed amount
- $1,399,725 (75% of the approval)
- Lender
- Machias Savings Bank, Machias, ME
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.95%, fixed
- Term
- 20 years (240 months)
- Estimated maturity
- July 9, 2044 (estimated, approval date plus term)
- Estimated monthly payment
- $16,732 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 31, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Hancock County, ME
- SBA district office
- Maine District Office
- Congressional district
- ME-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 75% of acquisition loans in Offices of Dentists on this site.
- Average acquisition loan in Offices of Dentists: $1,456,655.
- Average acquisition loan in Maine: $1,448,582.
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 Maine
- Topsham Dental Arts PA, Topsham