Smiles by Gentle Dental
Smiles by Gentle Dental is an offices of dentists business located in Highland, IN, classified under NAICS code 621210. The company financed real estate or equipment through an SBA 504 loan of $1,019,000, with Centier Bank as the lending bank and SomerCor 504, Inc. as the certified development company, with an approval date of May 5, 2026.
SBA 504 loan, approved May 5, 2026
$1,019,000 SBA portionCDC: SomerCor 504, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,019,000
- Bank portion
- $1,235,005
- Estimated project size
- $2,504,450 (estimated)
- Estimated owner equity
- $250,445 (estimated, about 10% of the project)
- Bank lender
- Centier Bank, Whiting, IN
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 5, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Lake County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 3% of expansion loans in Offices of Dentists on this site.
- Average expansion loan in Offices of Dentists: $1,725,244.
- Average expansion loan in Indiana: $2,227,963.
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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Same industry in Indiana
- Jesse Blair, DDS, LLC, Fort Wayne