Stellar Pain and Spine Real Estate LLC
Stellar Pain and Spine Real Estate LLC is a company located in Chicago, Illinois, in the freestanding ambulatory surgical and emergency centers industry (NAICS 621493). The company financed real estate or equipment through an SBA 504 loan of $1,559,000, with Michigan State University Federal Credit University serving as the lender and the approval dated March 25, 2026.
SBA 504 loan, approved Mar 25, 2026
$1,559,000 SBA portionCDC: Small Business Growth Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,559,000
- Bank portion
- $2,165,000
- Estimated project size
- $4,137,778 (estimated)
- Estimated owner equity
- $413,778 (estimated, about 10% of the project)
- Bank lender
- Michigan State University Federal Credit Union, East Lansing, MI
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 25, 2051 (estimated, approval date plus term)
- First disbursement
- Jun 17, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 621493, Freestanding Ambulatory Surgical and Emergency Centers
- Project location
- Cook County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-9
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Average expansion loan in Freestanding Ambulatory Surgical and Emergency Centers: $1,603,000.
- Average expansion loan in Illinois: $2,310,827.
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.
Is this your company? Claim or correct this listing. See Corrections.