Comfort Inn & Suites - North Platte
Comfort Inn & Suites - North Platte is a hotel business located in North Platte, Nebraska, classified under the industry Hotels (except Casino Hotels) and Motels. The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $3,183,000, approved on May 23, 2025, through Associated Bank National Association with Nebraska Economic Development Corporation as the certified development company.
SBA 504 loan, approved May 23, 2025
$3,183,000 SBA portionCDC: Nebraska Economic Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,183,000
- Bank portion
- $5,188,500
- Estimated project size
- $9,301,667 (estimated)
- Estimated owner equity
- $930,167 (estimated, about 10% of the project)
- Bank lender
- Associated Bank National Association, Green Bay, WI
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- May 23, 2050 (estimated, approval date plus term)
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Comfort Inn, Comfort Inn & Suites & Comfort Suites
- Project location
- Lincoln County, NE
- SBA district office
- Nebraska District Office
- Congressional district
- NE-3
- Collateral
- Yes
Estimated share of project by source
Bank 56% SBA (CDC) 34% Owner 10%
- Larger than 63% 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 Nebraska: $2,191,172.
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 Nebraska
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