Reno Luxe Estates LLC
Reno Luxe Estates LLC is located in Reno, NV, and the SBA lists its industry as Other Personal Care Services. It was approved for an SBA 504 loan ($1,807,000 SBA portion) on November 6, 2024 to finance real estate or equipment.
SBA 504 loan, approved Nov 6, 2024
- SBA (CDC) portion
- $1,807,000
- Bank portion
- $2,206,000
- Estimated project size
- $4,458,889 (estimated)
- Estimated owner equity
- $445,889 (estimated, about 10% of the project)
- Bank lender
- U.S. Bank, National Association, Cincinnati, OH
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- November 6, 2049 (estimated, approval date plus term)
- First disbursement
- Feb 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 812199, Other Personal Care Services
- Project location
- Washoe County, NV
- SBA district office
- Nevada District Office
- Congressional district
- NV-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 82% of expansion loans in Other Personal Care Services on this site.
- Average expansion loan in Other Personal Care Services: $1,501,000.
- 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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