Main Street Registry

Baymont by Wyndham Barstow Historic Route 66

Barstow, CA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Baymont by Wyndham Barstow Historic Route 66 is a hotel and motel business in Barstow, California, classified under NAICS 721110 (Hotels, except Casino Hotels and Motels). The company financed real estate or equipment through an SBA 504 loan of $1,469,000, approved on January 17, 2024, with CalPrivate Bank as the lending partner and The Mortgage Capital Development Corporation as the certified development company.

SBA 504 loan, approved Jan 17, 2024

$1,469,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,469,000
Bank portion
$1,436,000
Estimated project size
$3,227,778 (estimated)
Estimated owner equity
$322,778 (estimated, about 10% of the project)
Bank lender
CalPrivate Bank, La Jolla, CA
CDC
The Mortgage Capital Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
January 17, 2049 (estimated, approval date plus term)
First disbursement
Apr 17, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Baymont by Wyndham / Baymont Inn & Suites
Project location
San Bernardino County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-8
Collateral
Yes

Estimated share of project by source

Bank 44% SBA (CDC) 46% Owner 10%

  • Larger than 19% of expansion loans in Hotels (except Casino Hotels) and Motels on this site.
  • Average expansion loan in Hotels (except Casino Hotels) and Motels: $2,843,226.
  • Average expansion loan in California: $2,161,468.

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 California