Main Street Registry

Days Inn Camp Verde

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

Days Inn Camp Verde is a hotel and motel business in Camp Verde, Arizona, 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 $1,890,000, with Celtic Bank Corporation as the lender and The Mortgage Capital Development Corporation as the certified development company, and the loan was approved on June 28, 2024.

SBA 504 loan, approved Jun 28, 2024

$1,890,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,890,000
Bank portion
$2,713,623
Estimated project size
$5,115,137 (estimated)
Estimated owner equity
$511,514 (estimated, about 10% of the project)
Bank lender
Celtic Bank Corporation, Salt Lake City, UT
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
June 28, 2049 (estimated, approval date plus term)
First disbursement
Oct 16, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Yavapai County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-1
Collateral
Yes

Estimated share of project by source

Bank 53% SBA (CDC) 37% 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 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