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Oakridge Inn & Suites

Oakridge, OR · Hotels (except Casino Hotels) and Motels · NAICS 721110

Oakridge Inn & Suites is a hotel and motel business located in Oakridge, Oregon, in the Hotels (except Casino Hotels) and Motels industry. The company financed real estate or equipment through an SBA 504 loan with a total of $1,177,000 in SBA portion, approved on June 13, 2024 by CalPrivate Bank with The Mortgage Capital Development Corporation as the certified development company.

SBA 504 loan, approved Jun 13, 2024

$1,177,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,177,000
Bank portion
$1,146,000
Estimated project size
$2,581,111 (estimated)
Estimated owner equity
$258,111 (estimated, about 10% of the project)
Bank lender
CalPrivate Bank, La Jolla, CA
CDC
The Mortgage Capital Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
June 13, 2049 (estimated, approval date plus term)
First disbursement
Sep 11, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Lane County, OR
SBA district office
Portland District Office
Congressional district
OR-4
Collateral
Yes

Estimated share of project by source

Bank 44% SBA (CDC) 46% Owner 10%

  • Larger than 7% 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 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