Main Street Registry

Holiday Inn Express and Suites

Omaha, NE · Hotels (except Casino Hotels) and Motels · NAICS 721110

Holiday Inn Express and Suites is a hotel business located in Omaha, Nebraska, classified under NAICS code 721110 for hotels (except casino hotels) and motels. The company financed real estate or equipment through an SBA 504 loan of $1,964,000, with Harvest Commercial Capital, LLC as the lender and the Nebraska Economic Development Corporation as the certified development company, approved on April 20, 2024.

SBA 504 loan, approved Apr 20, 2024

$1,964,000 SBA portionCDC: Nebraska Economic Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,964,000
Bank portion
$3,100,500
Estimated project size
$5,627,222 (estimated)
Estimated owner equity
$562,722 (estimated, about 10% of the project)
Bank lender
Harvest Commercial Capital, LLC, Laguna Hills, CA
CDC
Nebraska Economic Development Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
April 20, 2049 (estimated, approval date plus term)
First disbursement
Jan 15, 2025
Loan status
Status not reported (SBA exemption)
Business type
Individual
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Douglas County, NE
SBA district office
Nebraska District Office
Congressional district
NE-2
Collateral
Yes

Estimated share of project by source

Bank 55% SBA (CDC) 35% Owner 10%

  • Larger than 32% 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 Nebraska: $2,191,172.

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 Nebraska