Main Street Registry

Holiday Inn Express & Suites Marina

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

Holiday Inn Express & Suites Marina is a hotel in Marina, California, in the hotels (except casino hotels) and motels industry. The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $4,999,000, approved on April 2, 2025, through Bank of Utah and The Mortgage Capital Development Corporation.

SBA 504 loan, approved Apr 2, 2025

$4,999,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$4,999,000
Bank portion
$7,594,000
Estimated project size
$13,992,222 (estimated)
Estimated owner equity
$1,399,222 (estimated, about 10% of the project)
Bank lender
Bank of Utah, Ogden, UT
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 2, 2050 (estimated, approval date plus term)
First disbursement
Jul 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
28
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Holiday Inn Express/Holiday Inn Express & Suites
Project location
Monterey County, CA
SBA district office
Fresno District Office
Congressional district
CA-20
Collateral
Yes

Estimated share of project by source

Bank 54% SBA (CDC) 36% Owner 10%

  • Larger than 89% 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