Holiday Inn Express & Suites Danbury
Holiday Inn Express & Suites Danbury is a hotel and motel business in Danbury, Connecticut, classified under NAICS 721110 (Hotels, except Casino Hotels, and Motels). The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $4,333,000, provided by Newtown Savings Bank with New England Certified Development Corporation as the certified development company.
SBA 504 loan, approved Apr 14, 2026
$4,333,000 SBA portionCDC: New England Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $4,333,000
- Bank portion
- $6,025,000
- Estimated project size
- $11,508,889 (estimated)
- Estimated owner equity
- $1,150,889 (estimated, about 10% of the project)
- Bank lender
- Newtown Savings Bank, Newtown, CT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 14, 2051 (estimated, approval date plus term)
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Holiday Inn Express/Holiday Inn Express & Suites
- Project location
- Western Ct County, CT
- SBA district office
- Connecticut District Office
- Congressional district
- CT-5
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 80% 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 Connecticut: $2,313,333.
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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