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Oral Surgery Partners

Redondo Beach, CA · Offices of Dentists · NAICS 621210

Oral Surgery Partners is a dental office located in Redondo Beach, California, in the offices of dentists industry (NAICS 621210). The business financed real estate or equipment through an SBA 504 loan approved on May 30, 2024, with Live Oak Banking Company as the bank lender and The Mortgage Capital Development Corporation as the certified development company. The SBA loan amount was $2,072,000, and the loan reported 29 jobs.

SBA 504 loan, approved May 30, 2024

$2,072,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,072,000
Bank portion
$2,530,000
Estimated project size
$5,113,333 (estimated)
Estimated owner equity
$511,333 (estimated, about 10% of the project)
Bank lender
Live Oak Banking Company, Wilmington, NC
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
May 30, 2049 (estimated, approval date plus term)
First disbursement
Sep 11, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
29
Business type
Corporation
NAICS
621210, Offices of Dentists
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-33
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 81% of expansion loans in Offices of Dentists on this site.
  • Average expansion loan in Offices of Dentists: $1,725,244.
  • 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