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South Federal Highway Dental Building, LLC

Fort Lauderdale, FL · Offices of Dentists · NAICS 621210

South Federal Highway Dental Building, LLC is located in Fort Lauderdale, Florida, in the offices of dentists industry (NAICS 621210). The company financed real estate or equipment through an SBA 504 loan of $2,538,000, with the loan approved on July 25, 2024, through Live Oak Banking Company and Florida First Capital Finance Corporation, Inc.

SBA 504 loan, approved Jul 25, 2024

$2,538,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,538,000
Bank portion
$3,500,000
Estimated project size
$6,708,889 (estimated)
Estimated owner equity
$670,889 (estimated, about 10% of the project)
Bank lender
Live Oak Banking Company, Wilmington, NC
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
July 25, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
6
Business type
Corporation
NAICS
621210, Offices of Dentists
Project location
Broward County, FL
SBA district office
South Florida District Office
Congressional district
FL-20
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 91% of expansion loans in Offices of Dentists on this site.
  • Average expansion loan in Offices of Dentists: $1,725,244.
  • Average expansion loan in Florida: $2,058,496.

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 Florida