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Td Dental Warren LLC

Warren, OH · Offices of Dentists · NAICS 621210

Td Dental Warren LLC is a dental office in Warren, Ohio, in the Offices of Dentists industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,055,000, approved on March 19, 2024, by United Midwest Savings Bank National Association. The loan reports 12 jobs.

SBA 7(a) loan, change of ownership, approved Mar 19, 2024

$1,055,000 approvedLender: United Midwest Savings Bank National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,055,000
SBA-guaranteed amount
$791,250 (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
11.25%, variable
Term
10 years (120 months)
Estimated maturity
March 19, 2034 (estimated, approval date plus term)
Estimated monthly payment
$14,682 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 3, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
621210, Offices of Dentists
Project location
Trumbull County, OH
SBA district office
Columbus District Office
Congressional district
OH-13
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 45% of acquisition loans in Offices of Dentists on this site.
  • Average acquisition loan in Offices of Dentists: $1,456,655.
  • Average acquisition loan in Ohio: $1,840,340.

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 Ohio