Divine Dental Smile
Divine Dental Smile is an office of dentists located in Reno, Nevada, classified under NAICS code 621210. The business financed real estate or equipment through an SBA 504 loan of $1,201,000, approved on March 13, 2024, with Western Alliance Bank as the participating lender and CDC Small Business Finance Corp. as the certified development company.
SBA 504 loan, approved Mar 13, 2024
$1,201,000 SBA portionCDC: CDC Small Business Finance Corp.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,201,000
- Bank portion
- $1,446,900
- Estimated project size
- $2,942,111 (estimated)
- Estimated owner equity
- $294,211 (estimated, about 10% of the project)
- Bank lender
- Western Alliance Bank, Phoenix, AZ
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 13, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Washoe County, NV
- SBA district office
- Nevada District Office
- Congressional district
- NV-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 24% of expansion loans in Offices of Dentists on this site.
- Average expansion loan in Offices of Dentists: $1,725,244.
- Average expansion loan in Nevada: $2,098,935.
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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