Sherman Oaks Pain and Spine Institute, Inc.
Sherman Oaks Pain and Spine Institute, Inc. is a physician office located in Sherman Oaks, California, in the offices of physicians (except mental health specialists) industry. The company financed real estate or equipment through an SBA 504 loan of $1,512,000, approved on September 5, 2025, with First-Citizens Bank & Trust Company as the bank partner and California Statewide Certified Development Corporation as the certified development company.
SBA 504 loan, approved Sep 5, 2025
$1,512,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,512,000
- Bank portion
- $2,104,500
- Estimated project size
- $4,018,333 (estimated)
- Estimated owner equity
- $401,833 (estimated, about 10% of the project)
- Bank lender
- First-Citizens Bank & Trust Company, Raleigh, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 5, 2050 (estimated, approval date plus term)
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 621111, Offices of Physicians (except Mental Health Specialists)
- Project location
- Ventura County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-26
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 38% of expansion loans in Offices of Physicians (except Mental Health Specialists) on this site.
- Average expansion loan in Offices of Physicians (except Mental Health Specialists): $2,141,987.
- 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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