New Hope at Hogans Branch, LLC
New Hope at Hogans Branch, LLC is an assisted living facility for the elderly located in Hendersonville, TN, under NAICS code 623312. The company financed real estate or equipment through an SBA 504 loan of $1,145,000 (SBA portion), approved on November 25, 2025, with Bank Five Nine as the lender and Capital Partners Certified Development Company as the certified development company.
SBA 504 loan, approved Nov 25, 2025
$1,145,000 SBA portionCDC: Capital Partners Certified Development Company25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,145,000
- Bank portion
- $1,575,000
- Estimated project size
- $3,022,222 (estimated)
- Estimated owner equity
- $302,222 (estimated, about 10% of the project)
- Bank lender
- Bank Five Nine, Oconomowoc, WI
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 25, 2050 (estimated, approval date plus term)
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 623312, Assisted Living Facilities for the Elderly
- Project location
- Sumner County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-6
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 12% of expansion loans in Assisted Living Facilities for the Elderly on this site.
- Average expansion loan in Assisted Living Facilities for the Elderly: $1,996,284.
- Average expansion loan in Tennessee: $2,402,643.
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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