Glo at the Casino
Glo at the Casino is a hotel business in Dodge City, Kansas, classified under hotels (except casino hotels) and motels. The business was financed with an SBA 504 loan that financed real estate or equipment, with a loan amount of $5,000,000 from Legacy Bank and approval dated June 18, 2025.
SBA 504 loan, approved Jun 18, 2025
$5,000,000 SBA portionCDC: Rural Missouri, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $5,000,000
- Bank portion
- $8,310,000
- Estimated project size
- $14,788,889 (estimated)
- Estimated owner equity
- $1,478,889 (estimated, about 10% of the project)
- Bank lender
- Legacy Bank, Colwich, KS
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 18, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Best Western - Best Western Plus - Best Western Premier- Executive Residency by Best Western- @Home by Best Western - GLo - Aiden - Membership Agreement
- Project location
- Ford County, KS
- SBA district office
- Wichita District Office
- Congressional district
- KS-1
- Collateral
- Yes
Estimated share of project by source
Bank 56% SBA (CDC) 34% 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 Kansas: $2,080,367.
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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