Main Street Registry

Comfort Inn - Camp Verde

Camp Verde, AZ · Hotels (except Casino Hotels) and Motels · NAICS 721110

Comfort Inn - Camp Verde is a hotel and motel business in Camp Verde, Arizona, classified under NAICS 721110 (Hotels, except Casino Hotels and Motels). It financed real estate or equipment through an SBA 504 loan of $2,330,000 (SBA portion), with a bank portion of $2,100,000, approved on May 20, 2024 with Newtek Bank, National Association as the lender and The Mortgage Capital Development Corporation as the CDC.

SBA 504 loan, approved May 20, 2024

$2,330,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,330,000
Bank portion
$2,100,000
Estimated project size
$4,922,222 (estimated)
Estimated owner equity
$492,222 (estimated, about 10% of the project)
Bank lender
Newtek Bank, National Association, Miami, FL
CDC
The Mortgage Capital Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
May 20, 2049 (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
Comfort Inn, Comfort Inn & Suites & Comfort Suites
Project location
Yavapai County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-1
Collateral
Yes

Estimated share of project by source

Bank 43% SBA (CDC) 47% Owner 10%

  • Larger than 43% 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 Arizona: $2,074,452.

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 Arizona