Dance Expressions North, Inc.
Dance Expressions North, Inc. is located in Shawnee, KS, and the SBA lists its industry as Dance Companies. It was approved for an SBA 504 loan ($1,004,000 SBA portion) on October 11, 2023 to finance real estate or equipment.
SBA 504 loan, approved Oct 11, 2023
- SBA (CDC) portion
- $1,004,000
- Bank portion
- $991,356
- Estimated project size
- $2,217,062 (estimated)
- Estimated owner equity
- $221,706 (estimated, about 10% of the project)
- Bank lender
- First Heritage Bank, Shenandoah, IA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- October 11, 2048 (estimated, approval date plus term)
- First disbursement
- Jun 12, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 711120, Dance Companies
- Project location
- Johnson County, KS
- SBA district office
- Kansas City District Office
- Congressional district
- KS-3
- Collateral
- Yes
Estimated share of project by source
Bank 45% SBA (CDC) 45% Owner 10%
- Average expansion loan in Dance Companies: $1,558,167.
- Average expansion loan in Kansas: $2,080,367.
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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