Silk Dental Delray Beach PLLC
Silk Dental Delray Beach PLLC is a dental office in Delray Beach, Florida, classified under the industry of offices of dentists. The business was financed with an SBA 7(a) loan for a change of ownership of $980,500, approved on May 14, 2025, through United Midwest Savings Bank National Association.
SBA 7(a) loan, change of ownership, approved May 14, 2025
$980,500 approvedLender: United Midwest Savings Bank National Association10 years termPaid in fullLoan details
- Gross approval
- $980,500
- SBA-guaranteed amount
- $735,375 (75% of the approval)
- Lender
- United Midwest Savings Bank National Association, De Graff, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 14, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $12,957 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 14, 2025
- Loan status
- Paid in full
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Palm Beach County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-21
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 41% of acquisition loans in Offices of Dentists on this site.
- Average acquisition loan in Offices of Dentists: $1,456,655.
- Average acquisition loan in Florida: $1,808,559.
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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