Main Street Registry

Comfort Inn Alpharetta

Alpharetta, GA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Comfort Inn Alpharetta is a hotel business located in Alpharetta, Georgia, in the Hotels (except Casino Hotels) and Motels industry. The company financed real estate or equipment through an SBA 504 loan of $2,564,000, with River City Bank as the lender and Capital Partners Certified Development Company as the certified development company, approved on April 22, 2024.

SBA 504 loan, approved Apr 22, 2024

$2,564,000 SBA portionCDC: Capital Partners Certified Development Company25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,564,000
Bank portion
$2,491,200
Estimated project size
$5,616,889 (estimated)
Estimated owner equity
$561,689 (estimated, about 10% of the project)
Bank lender
River City Bank, Rome, GA
CDC
Capital Partners Certified Development Company
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
April 22, 2049 (estimated, approval date plus term)
First disbursement
Jul 17, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
9
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Comfort Inn, Comfort Inn & Suites & Comfort Suites
Project location
Fulton County, GA
SBA district office
Georgia District Office
Congressional district
GA-6
Collateral
Yes

Estimated share of project by source

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

  • Larger than 51% 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 Georgia: $2,201,121.

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 Georgia