Holiday Inn Daytona Beach LPGA
Holiday Inn Daytona Beach LPGA is a hotel in Daytona Beach, Florida, in the Hotels (except Casino Hotels) and Motels industry. The business financed real estate or equipment through an SBA 504 loan of $3,854,000, approved on April 8, 2026, with American Bank as the lending partner and Florida Business Development Corporation as the certified development company.
SBA 504 loan, approved Apr 8, 2026
$3,854,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,854,000
- Bank portion
- $3,850,000
- Estimated project size
- $8,560,000 (estimated)
- Estimated owner equity
- $856,000 (estimated, about 10% of the project)
- Bank lender
- American Bank, Bozeman, MT
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- April 8, 2051 (estimated, approval date plus term)
- First disbursement
- Sep 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Holiday Inn/Holiday Inn & Suites/Holiday Inn Resort
- 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 45% SBA (CDC) 45% Owner 10%
- Larger than 75% 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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