8 Dyer Hotel
8 Dyer Hotel is located in Provincetown, MA, and the SBA lists its industry as Bed-and-Breakfast Inns. It was approved for an SBA 504 loan ($1,488,000 SBA portion) on July 12, 2024 to finance real estate or equipment.
SBA 504 loan, approved Jul 12, 2024
- SBA (CDC) portion
- $1,488,000
- Bank portion
- $2,082,000
- Estimated project size
- $3,966,667 (estimated)
- Estimated owner equity
- $396,667 (estimated, about 10% of the project)
- Bank lender
- Cape and Coast Bank, Hyannis, MA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 12, 2049 (estimated, approval date plus term)
- First disbursement
- Dec 11, 2024
- Loan status
- Status not reported (SBA exemption)
- Business type
- Individual
- NAICS
- 721191, Bed-and-Breakfast Inns
- Project location
- Barnstable County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-9
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 59% of expansion loans in Bed-and-Breakfast Inns on this site.
- Average expansion loan in Bed-and-Breakfast Inns: $1,456,765.
- Average expansion loan in Massachusetts: $2,009,683.
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.
Same industry in Massachusetts
- Candleberry Hospitality, LLC, Brewster