Main Street Registry

Velazquez Pain Relief Center

Las Vegas, NV · Offices of Physicians (except Mental Health Specialists) · NAICS 621111

Velazquez Pain Relief Center is an office of physicians (except mental health specialists) located in Las Vegas, Nevada, in the NAICS 621111 industry. The business financed real estate or equipment through an SBA 504 loan of $3,095,000, approved on April 22, 2024, with Western Alliance Bank as the lending bank and Nevada State Development Corporation as the certified development company.

SBA 504 loan, approved Apr 22, 2024

$3,095,000 SBA portionCDC: Nevada State Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$3,095,000
Bank portion
$4,656,200
Estimated project size
$8,612,444 (estimated)
Estimated owner equity
$861,244 (estimated, about 10% of the project)
Bank lender
Western Alliance Bank, Phoenix, AZ
CDC
Nevada State Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 22, 2049 (estimated, approval date plus term)
First disbursement
May 13, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
15
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 54% SBA (CDC) 36% Owner 10%

  • Larger than 84% 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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Same industry in Nevada