Smilen Dental Group, P.C.
Smilen Dental Group, P.C. is an offices of dentists business in Wallingford, CT (NAICS 621210) that financed real estate or equipment through an SBA 504 loan of $1,115,000, with a bank portion from Webster Bank National Association and a Community Investment Corporation certified development company involvement. The loan was approved on October 3, 2024, and the business is listed as existing or more than 2 years old, with 4 jobs reported.
SBA 504 loan, approved Oct 3, 2024
$1,115,000 SBA portionCDC: Community Investment Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,115,000
- Bank portion
- $1,374,571
- Estimated project size
- $2,766,190 (estimated)
- Estimated owner equity
- $276,619 (estimated, about 10% of the project)
- Bank lender
- Webster Bank National Association, Waterbury, CT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- October 3, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- LLC or partnership
- NAICS
- 621210, Offices of Dentists
- Project location
- South Central Ct County, CT
- SBA district office
- Connecticut District Office
- Congressional district
- CT-3
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 10% of expansion loans in Offices of Dentists on this site.
- Average expansion loan in Offices of Dentists: $1,725,244.
- Average expansion loan in Connecticut: $2,313,333.
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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