Main Street Registry

Motel 6 Kalispell

Kalispell, MT · Hotels (except Casino Hotels) and Motels · NAICS 721110

Motel 6 Kalispell is a hotel and motel business in Kalispell, Montana, classified under the industry Hotels (except Casino Hotels) and Motels. The business financed real estate or equipment through an SBA 504 loan of $1,511,000, approved on November 26, 2024, with Stockman Bank of Montana as the partner lender and Capital Matrix, Inc. as the certified development company.

SBA 504 loan, approved Nov 26, 2024

$1,511,000 SBA portionCDC: Capital Matrix, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,511,000
Bank portion
$2,015,000
Estimated project size
$3,917,778 (estimated)
Estimated owner equity
$391,778 (estimated, about 10% of the project)
Bank lender
Stockman Bank of Montana, Miles City, MT
CDC
Capital Matrix, Inc.
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
November 26, 2049 (estimated, approval date plus term)
First disbursement
May 14, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Flathead County, MT
SBA district office
Montana District Office
Congressional district
MT-0
Collateral
Yes

Estimated share of project by source

Bank 51% SBA (CDC) 39% Owner 10%

  • Larger than 21% 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 Montana: $1,629,190.

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 Montana