Phx Air Lodging LLC
Phx Air Lodging LLC is located in Phoenix, AZ, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 504 loan ($4,186,000 SBA portion) on December 2, 2023 to finance real estate or equipment.
SBA 504 loan, approved Dec 2, 2023
- SBA (CDC) portion
- $4,186,000
- Bank portion
- $5,802,600
- Estimated project size
- $11,098,444 (estimated)
- Estimated owner equity
- $1,109,844 (estimated, about 10% of the project)
- Bank lender
- America First Federal Credit Union, Riverdale, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 2, 2048 (estimated, approval date plus term)
- First disbursement
- Mar 13, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 56
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Country Inn and Suites by Radisson
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-7
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 79% 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 Arizona: $2,074,452.
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 Arizona
- Fifty First LLC, Phoenix
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- Jay Sagar LLC, Tempe
- Dt Phx Lodging LLC, Phoenix
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