Main Street Registry

Extended Stay America Premier Palmdale

Palmdale, CA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Extended Stay America Premier Palmdale is a hotel and motel business in Palmdale, California, classified under NAICS 721110 for hotels (except casino hotels) and motels. The business was approved for an SBA 504 loan, which financed real estate or equipment through an SBA 504 loan with an SBA portion of $5 million, approved on January 9, 2026, through Celtic Bank Corporation and the Cen Cal Business Finance Group certified development company.

SBA 504 loan, approved Jan 9, 2026

$5,000,000 SBA portionCDC: Cen Cal Business Finance Group25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$5,000,000
Bank portion
$8,864,200
Estimated project size
$15,404,667 (estimated)
Estimated owner equity
$1,540,467 (estimated, about 10% of the project)
Bank lender
Celtic Bank Corporation, Salt Lake City, UT
CDC
Cen Cal Business Finance Group
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
January 9, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
16
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Extended Stay America Suites
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-25
Collateral
Yes

Estimated share of project by source

Bank 58% SBA (CDC) 32% Owner 10%

  • Larger than 90% 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 California: $2,161,468.

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 California