Main Street Registry

Psalm 1395 LLC

Marshall, MN · Offices of Dentists · NAICS 621210

Psalm 1395 LLC is located in Marshall, MN, and the SBA lists its industry as Offices of Dentists. It was approved for an SBA 504 loan ($1,313,000 SBA portion) on April 23, 2025 to finance real estate or equipment.

SBA 504 loan, approved Apr 23, 2025

SBA (CDC) portion
$1,313,000
Bank portion
$1,598,386
Estimated project size
$3,234,873 (estimated)
Estimated owner equity
$323,487 (estimated, about 10% of the project)
Bank lender
Old National Bank, Evansville, IN
CDC
Midwest Business Finance Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 23, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
11
Business type
Corporation
NAICS
621210, Offices of Dentists
Project location
Lyon County, MN
SBA district office
Minnesota District Office
Congressional district
MN-7
Collateral
Yes

Estimated share of project by source

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

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 Minnesota