Tampa Pediatric Dentistry PA
Tampa Pediatric Dentistry PA is a business located in Tampa, Florida, in the offices of dentists industry. It was financed with an SBA 7(a) loan for a change of ownership, totaling $583,500, with the lender United Midwest Savings Bank National Association and an approval date of March 28, 2024.
SBA 7(a) loan, change of ownership, approved Mar 28, 2024
$583,500 approvedLender: United Midwest Savings Bank National Association297 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $583,500
- SBA-guaranteed amount
- $437,625 (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
- 10.5%, variable
- Term
- 24 years, 9 months (297 months)
- Estimated maturity
- December 28, 2048 (estimated, approval date plus term)
- Estimated monthly payment
- $5,521 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 621210, Offices of Dentists
- Project location
- Hillsborough County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 8% 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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