Central Minnesota Dermatology, P.A.
Central Minnesota Dermatology, P.A. is a physician office in Brainerd, MN, in the offices of physicians (except mental health specialists) industry. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,695,000, approved through Sentry Bank and Midwest Business Finance Corporation with an approval date of May 26, 2026.
SBA 504 loan, approved May 26, 2026
$1,695,000 SBA portionCDC: Midwest Business Finance Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,695,000
- Bank portion
- $2,055,000
- Estimated project size
- $4,166,667 (estimated)
- Estimated owner equity
- $416,667 (estimated, about 10% of the project)
- Bank lender
- Sentry Bank, Saint Joseph, MN
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 26, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 621111, Offices of Physicians (except Mental Health Specialists)
- Project location
- Crow Wing County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-8
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 45% 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 Minnesota: $2,136,981.
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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