Eastside Lodge
Eastside Lodge is located in Portland, OR, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 504 loan ($2,449,000 SBA portion) on January 11, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- New Business or 2 years or less
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Jan 11, 2024 | $2,449,000 | $3,982,624 | $7,146,249 (estimated) | Summit Bank | Evergreen Business Capital | 25 years | 8 | Status not reported (SBA exemption) |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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