Main Street Registry

Foothill Cardiology Medical Group, Inc. (3)

Arcadia, CA · Offices of Physicians (except Mental Health Specialists) · NAICS 621111

Foothill Cardiology Medical Group, Inc. (3) is an office of physicians (except mental health specialists) located in Arcadia, California. The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $3,219,000, approved on July 24, 2026, through Bank of America, National Association and the California Statewide Certified Development Corporation.

SBA 504 loan, approved Jul 24, 2026

$3,219,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$3,219,000
Bank portion
$4,000,000
Estimated project size
$8,021,111 (estimated)
Estimated owner equity
$802,111 (estimated, about 10% of the project)
Bank lender
Bank of America, National Association, Charlotte, NC
CDC
California Statewide Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
July 24, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
6
Business type
Corporation
NAICS
621111, Offices of Physicians (except Mental Health Specialists)
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-27
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Larger than 87% 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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Same industry in California