Coastline Hospitality LLC
Coastline Hospitality LLC is a hotel and motel business in Fernandina Beach, Florida, classified under NAICS 721110 (Hotels, except Casino Hotels and Motels). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $4,608,000, approved through the Florida Business Development Corporation with APC-ASBF, L.P. as the lender, with an approval date of September 23, 2026.
SBA 504 loan, approved Sep 23, 2026
$4,608,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $4,608,000
- Bank portion
- $6,405,000
- Estimated project size
- $12,236,667 (estimated)
- Estimated owner equity
- $1,223,667 (estimated, about 10% of the project)
- Bank lender
- Apc-Asbf, L.P., Milton, GA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 23, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Hampton Inn by Hilton
- Project location
- Nassau County, FL
- SBA district office
- North Florida District Office
- Congressional district
- FL-4
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 84% 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 Florida: $2,058,496.
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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