Snowy River Dental Hailey, LLC
Snowy River Dental Hailey, LLC is a dental office in Hailey, Idaho, in the offices of dentists industry (NAICS 621210). The company was financed with an SBA 7(a) loan for a change of ownership of $862,500, approved by Fifth Third Bank on August 2, 2024. The loan record lists 7 jobs supported.
SBA 7(a) loan, change of ownership, approved Aug 2, 2024
$862,500 approvedLender: Fifth Third Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $862,500
- SBA-guaranteed amount
- $646,875 (75% of the approval)
- Lender
- Fifth Third Bank, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 2, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $10,694 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 22, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Blaine County, ID
- SBA district office
- Boise District Office
- Congressional district
- ID-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 30% of acquisition loans in Offices of Dentists on this site.
- Average acquisition loan in Offices of Dentists: $1,456,655.
- Average acquisition loan in Idaho: $1,527,113.
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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