Signature Smiles Dental Group - Burbank
Signature Smiles Dental Group - Burbank is an office of dentists located in Burbank, California, classified under NAICS code 621210. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $500,000, approved on May 12, 2025, through Port 51 Lending LLC.
SBA 7(a) loan, change of ownership, approved May 12, 2025
$500,000 approvedLender: Port 51 Lending LLC10 years termPaid in fullLoan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- Port 51 Lending LLC, New York, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 12, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $6,747 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 20, 2025
- Loan status
- Paid in full
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Los Angeles County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-28
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Offices of Dentists: $1,456,655.
- Average acquisition loan in California: $1,688,228.
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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