Main Street Registry

Best Western Brighton Inn

Brighton, CO · Hotels (except Casino Hotels) and Motels · NAICS 721110

Best Western Brighton Inn is a hotel and motel business in Brighton, Colorado, in the Hotels (except Casino Hotels) and Motels industry. The business was financed through an SBA 504 loan that financed real estate or equipment, with an SBA portion of $1,871,000, approved on February 29, 2024, through East West Bank with B:Side Capital as the certified development company.

SBA 504 loan, approved Feb 29, 2024

$1,871,000 SBA portionCDC: B:Side Capital25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,871,000
Bank portion
$1,843,176
Estimated project size
$4,126,862 (estimated)
Estimated owner equity
$412,686 (estimated, about 10% of the project)
Bank lender
East West Bank, Pasadena, CA
CDC
B:Side Capital
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
February 28, 2049 (estimated, approval date plus term)
First disbursement
Jun 12, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
20
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Best Western - Best Western Plus - Best Western Premier- Executive Residency by Best Western- @Home by Best Western - GLo - Aiden - Membership Agreement
Project location
Adams County, CO
SBA district office
Colorado District Office
Congressional district
CO-4
Collateral
Yes

Estimated share of project by source

Bank 45% SBA (CDC) 45% Owner 10%

  • Larger than 29% 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 Colorado: $2,096,252.

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 Colorado