Rachel N. Matta Family Dental, P.C.
Rachel N. Matta Family Dental, P.C. is an office of dentists in Adel, Iowa, classified under NAICS code 621210. The company financed real estate or equipment through an SBA 504 loan of $1,353,000 with an approval date of September 30, 2024, provided by Iowa State Bank with Iowa Business Growth Company as the certified development company.
SBA 504 loan, approved Sep 30, 2024
$1,353,000 SBA portionCDC: Iowa Business Growth Company25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,353,000
- Bank portion
- $1,651,500
- Estimated project size
- $3,338,333 (estimated)
- Estimated owner equity
- $333,833 (estimated, about 10% of the project)
- Bank lender
- Iowa State Bank, Des Moines, IA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 30, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Dallas County, IA
- SBA district office
- Des Moines District Office
- Congressional district
- IA-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 44% of expansion loans in Offices of Dentists on this site.
- Average expansion loan in Offices of Dentists: $1,725,244.
- Average expansion loan in Iowa: $1,994,971.
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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