Precision Dental Laboratories, Inc.
Precision Dental Laboratories, Inc. is located in Fargo, ND, and the SBA lists its industry as Medical Laboratories. It was approved for an SBA 504 loan ($1,855,000 SBA portion) on April 17, 2026 to finance real estate or equipment.
SBA 504 loan, approved Apr 17, 2026
- SBA (CDC) portion
- $1,855,000
- Bank portion
- $2,255,341
- Estimated project size
- $4,567,046 (estimated)
- Estimated owner equity
- $456,705 (estimated, about 10% of the project)
- Bank lender
- Cornerstone Bank, Fargo, ND
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 17, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 621511, Medical Laboratories
- Project location
- Cass County, ND
- SBA district office
- North Dakota District Office
- Congressional district
- ND-0
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Medical Laboratories: $2,130,250.
- Average expansion loan in North Dakota: $1,912,640.
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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