Main Street Registry

Merchant Hotel 1880 LLC

Portland, OR · Full-Service Restaurants · NAICS 722511

Merchant Hotel 1880 LLC is a full-service restaurant business in Portland, Oregon, classified under NAICS code 722511. The company financed real estate or equipment through an SBA 504 loan of $1,081,000, approved on April 10, 2025, through Oregon Pacific Banking Company dba Oregon Pacific Bank, with Cascade Capital Funding as the certified development company. The loan is associated with 20 jobs.

SBA 504 loan, approved Apr 10, 2025

$1,081,000 SBA portionCDC: Cascade Capital Funding25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,081,000
Bank portion
$1,311,000
Estimated project size
$2,657,778 (estimated)
Estimated owner equity
$265,778 (estimated, about 10% of the project)
Bank lender
Oregon Pacific Banking Company dba Oregon Pacific Bank, Florence, OR
CDC
Cascade Capital Funding
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
April 10, 2050 (estimated, approval date plus term)
First disbursement
Jul 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
20
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Multnomah County, OR
SBA district office
Portland District Office
Congressional district
OR-1
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 9% of expansion loans in Full-Service Restaurants on this site.
  • Average expansion loan in Full-Service Restaurants: $1,813,082.
  • Average expansion loan in Oregon: $1,931,136.

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 Oregon