SomerCor 504 Focus Celebrating Veterans Small Business Week: H&H Family Dental
Company Profile
H&H Family Dental is a general and cosmetic dentistry practice based in central Illinois. H&H Dental is committed to providing patients with excellence and comprehensive dental care – from routine cleanings to the most complex dental problems – and are well known for their incredible “Smile Makeovers.”
Dr. Johnny Hernandez, DDS, is now the sole owner of the practice, which has been a part of the community for decades. Prior to joining H&H Dental, Dr. Hernandez entered the United States Navy to complete an Advanced Education in General Dentistry Residency and served two more years as a general dentist.Â
SBA 504 Loan with SomerCor
During the process of buying out his former partner, Dr. Hernandez worked with SomerCor on an SBA 504 loan to purchase the 4,200 sq ft office location he was renting in Bloomington, IL.
When I needed to purchase my dental practice and my building, Somercor was a great partner! The process was very straight forward and the staff was excellent to work with. The benefits of the SBA 504 loan allowed me to put less money down, have a great rate, and keep my payments low enough to continue to grow my practice!
By purchasing his office, rather than renting, Dr. Hernandez decreased his monthly payments by 42% – saving over $3000 a month!
As an SBA certified development company, SomerCor is tasked with connecting small business owners with capital through the SBA 504 program. The SBA specifically highlights “expanding small businesses owned and controlled by veterans” as a policy goal of the program. We are proud to work with the SBA to serve these heroes in their entrepreneurial dreams.
H&H Dental is Open for Business!
H&H Dental continues to serve patients at its Bloomington and Farmer City locations. The practice has implemented measures to ensure client safety during COVID-19. Learn more or schedule an appointment by visiting https://www.hhfamilydental.com/ or calling 309-662-0523.
Download the program flyer and connect with a member of SomerCor’s loan origination team to learn more about the SBA 504 loan program.
