Main Street Registry

Days Inn - Tropical Seas

Daytona Beach, FL · Hotels (except Casino Hotels) and Motels · NAICS 721110

Days Inn - Tropical Seas is a hotel and motel business in Daytona Beach, Florida, classified under NAICS 721110 (Hotels, except casino hotels, and motels). The business financed real estate or equipment through an SBA 504 loan of $3,665,000, approved July 1, 2025, with Cogent Bancorp, Inc. as the lender and Florida Business Development Corporation as the certified development company.

SBA 504 loan, approved Jul 1, 2025

$3,665,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$3,665,000
Bank portion
$6,453,900
Estimated project size
$11,243,222 (estimated)
Estimated owner equity
$1,124,322 (estimated, about 10% of the project)
Bank lender
Cogent Bancorp, Inc., Orange City, FL
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
July 1, 2050 (estimated, approval date plus term)
First disbursement
Oct 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Days Inn / Days Inn by Wyndham
Project location
Volusia County, FL
SBA district office
North Florida District Office
Congressional district
FL-6
Collateral
Yes

Estimated share of project by source

Bank 57% SBA (CDC) 33% Owner 10%

  • Larger than 73% 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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Same industry in Florida