Diabetic Neuropathy Network, LLC
Diabetic Neuropathy Network, LLC is a physician office located in Las Vegas, Nevada, in the offices of physicians (except mental health specialists) industry. The company financed real estate or equipment through an SBA 504 loan of $1,489,000 approved on May 22, 2024, with City National Bank as the participating bank and The Mortgage Capital Development Corporation as the certified development company.
SBA 504 loan, approved May 22, 2024
$1,489,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,489,000
- Bank portion
- $2,170,000
- Estimated project size
- $4,065,556 (estimated)
- Estimated owner equity
- $406,556 (estimated, about 10% of the project)
- Bank lender
- City National Bank, Los Angeles, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 22, 2049 (estimated, approval date plus term)
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 621111, Offices of Physicians (except Mental Health Specialists)
- Project location
- Clark County, NV
- SBA district office
- Nevada District Office
- Congressional district
- NV-1
- Collateral
- Yes
Estimated share of project by source
Bank 53% SBA (CDC) 37% Owner 10%
- Larger than 37% 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 Nevada: $2,098,935.
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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