Main Street Registry

Massena Hospitality LLC

Massena, NY · Hotels (except Casino Hotels) and Motels · NAICS 721110

Massena Hospitality LLC is a hotel and motel business in Massena, New York, in the hotels (except casino hotels) and motels industry. The business was financed with an SBA 7(a) loan for a change of ownership of $1,540,000, approved on March 12, 2025, through Metro City Bank. The loan lists 7 jobs and a franchise affiliation with SureStay Studio.

SBA 7(a) loan, change of ownership, approved Mar 12, 2025

$1,540,000 approvedLender: Metro City Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,540,000
SBA-guaranteed amount
$1,155,000 (75% of the approval)
Lender
Metro City Bank, Doraville, GA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
March 12, 2050 (estimated, approval date plus term)
Estimated monthly payment
$12,661 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 1, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
SureStay - SureStay Studio
Project location
Saint Lawrence County, NY
SBA district office
Syracuse District Office
Congressional district
NY-21
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 13% of acquisition loans in Hotels (except Casino Hotels) and Motels on this site.
  • Average acquisition loan in Hotels (except Casino Hotels) and Motels: $3,241,374.
  • Average acquisition loan in New York: $1,771,512.

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 New York