La Quinta Inn
La Quinta Inn, a franchise of La Quinta by Wyndham / La Quinta Inn & Suites, is a hotel and motel business in Atlanta, Georgia, classified under the NAICS industry for hotels (except casino hotels) and motels.
SBA 504 loan, approved Jan 22, 2025
$2,758,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,758,000
- Bank portion
- $4,482,934
- Estimated project size
- $8,045,482 (estimated)
- Estimated owner equity
- $804,548 (estimated, about 10% of the project)
- Bank lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 22, 2050 (estimated, approval date plus term)
- First disbursement
- Jul 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- La Quinta by Wyndham / La Quinta Inn & Suites
- Project location
- Clayton County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-5
- Collateral
- Yes
Estimated share of project by source
Bank 56% SBA (CDC) 34% Owner 10%
- Larger than 55% 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 Georgia: $2,201,121.
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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