Main Street Registry

West Empire Aesthetics

Studio City, CA · Offices of Physicians (except Mental Health Specialists) · NAICS 621111

West Empire Aesthetics is a business in Studio City, CA, in the offices of physicians (except mental health specialists) industry. The company financed real estate or equipment through an SBA 504 loan of $1,472,000, approved on October 14, 2023, with First-Citizens Bank & Trust Company as the bank and Business Finance Capital as the certified development company.

SBA 504 loan, approved Oct 14, 2023

$1,472,000 SBA portionCDC: Business Finance Capital25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,472,000
Bank portion
$2,056,000
Estimated project size
$3,920,000 (estimated)
Estimated owner equity
$392,000 (estimated, about 10% of the project)
Bank lender
First-Citizens Bank & Trust Company, Raleigh, NC
CDC
Business Finance Capital
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
October 14, 2048 (estimated, approval date plus term)
First disbursement
Feb 14, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
20
Business type
Corporation
NAICS
621111, Offices of Physicians (except Mental Health Specialists)
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-28
Collateral
Yes

Estimated share of project by source

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

  • Larger than 35% of expansion loans in Offices of Physicians (except Mental Health Specialists) on this site.
  • Average expansion loan in Offices of Physicians (except Mental Health Specialists): $2,141,987.
  • Average expansion loan in California: $2,161,468.

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 California