Laurin J Cardwell DDS, PLLC
Laurin J Cardwell DDS, PLLC is a dental practice in Sylva, North Carolina, in the offices of dentists industry (NAICS 621210). The business was financed with an SBA 7(a) loan for a change of ownership of $2.2 million, approved on July 30, 2025, through United Midwest Savings Bank National Association.
SBA 7(a) loan, change of ownership, approved Jul 30, 2025
$2,208,000 approvedLender: United Midwest Savings Bank National Association25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,208,000
- SBA-guaranteed amount
- $1,656,000 (75% of the approval)
- Lender
- United Midwest Savings Bank National Association, De Graff, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- July 30, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $20,064 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 28, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Jackson County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 82% of acquisition loans in Offices of Dentists on this site.
- Average acquisition loan in Offices of Dentists: $1,456,655.
- Average acquisition loan in North Carolina: $1,952,444.
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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