Lee and Hallajian Pediatric Dentistry
Lee and Hallajian Pediatric Dentistry is an office of dentists located in Porter Ranch, California. The business was financed with an SBA 7(a) loan for a change of ownership, totaling $760,000, approved on November 7, 2024, through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Nov 7, 2024
$760,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $760,000
- SBA-guaranteed amount
- $570,000 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.49%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 7, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $9,017 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 20, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-25
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 23% of acquisition loans in Offices of Dentists on this site.
- Average acquisition loan in Offices of Dentists: $1,456,655.
- Average acquisition loan in California: $1,688,228.
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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