Main Street Registry

Parkwood Dental

Bradenton, FL · Offices of Dentists · NAICS 621210

Parkwood Dental is a dental practice in Bradenton, Florida, in the offices of dentists industry. The business financed real estate or equipment through an SBA 504 loan of $2,022,000, with First-Citizens Bank & Trust Company as the bank partner and Florida Business Development Corporation as the certified development company, with approval dated April 1, 2024.

SBA 504 loan, approved Apr 1, 2024

$2,022,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,022,000
Bank portion
$2,181,000
Estimated project size
$4,670,000 (estimated)
Estimated owner equity
$467,000 (estimated, about 10% of the project)
Bank lender
First-Citizens Bank & Trust Company, Raleigh, NC
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 1, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
3
Business type
Corporation
NAICS
621210, Offices of Dentists
Project location
Manatee County, FL
SBA district office
South Florida District Office
Congressional district
FL-16
Collateral
Yes

Estimated share of project by source

Bank 47% SBA (CDC) 43% Owner 10%

  • Larger than 77% of expansion loans in Offices of Dentists on this site.
  • Average expansion loan in Offices of Dentists: $1,725,244.
  • 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