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Okaloosa Ophthalmology Pediatric & Adult Eye Care Corp

Crestview, FL · Offices of Physicians (except Mental Health Specialists) · NAICS 621111

Okaloosa Ophthalmology Pediatric & Adult Eye Care Corp is an office of physicians (except mental health specialists) in Crestview, Florida. The company financed real estate or equipment through an SBA 504 loan of $1,382,000 with Regions Bank as the lender, with the loan approved on May 2, 2024.

SBA 504 loan, approved May 2, 2024

$1,382,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,382,000
Bank portion
$1,599,625
Estimated project size
$3,312,917 (estimated)
Estimated owner equity
$331,292 (estimated, about 10% of the project)
Bank lender
Regions Bank, Birmingham, AL
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
May 2, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
3
Business type
Corporation
NAICS
621111, Offices of Physicians (except Mental Health Specialists)
Project location
Okaloosa County, FL
SBA district office
North Florida District Office
Congressional district
FL-1
Collateral
Yes

Estimated share of project by source

Bank 48% SBA (CDC) 42% Owner 10%

  • Larger than 27% 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 Florida: $2,058,496.

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 Florida