Elevated Health, Inc.
Elevated Health, Inc. is located in Costa Mesa, CA, and the SBA lists its industry as Offices of Physicians (except Mental Health Specialists). It was approved for an SBA 504 loan ($2,673,000 SBA portion) on December 28, 2023 to finance real estate or equipment.
SBA 504 loan, approved Dec 28, 2023
- SBA (CDC) portion
- $2,673,000
- Bank portion
- $3,400,000
- Estimated project size
- $6,747,778 (estimated)
- Estimated owner equity
- $674,778 (estimated, about 10% of the project)
- Bank lender
- Citizens Business Bank National Association, Ontario, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 28, 2048 (estimated, approval date plus term)
- First disbursement
- Apr 17, 2024
- Loan status
- Paid in full
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 621111, Offices of Physicians (except Mental Health Specialists)
- Project location
- Orange County, CA
- SBA district office
- Santa Ana District Office
- Congressional district
- CA-46
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 77% 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 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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