Main Street Registry

Quiet Mind Mountain Retreat LLC

Julian, CA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Quiet Mind Mountain Retreat LLC is a hotel, motel and related lodging business in Julian, California, in the hotels (except casino hotels) and motels industry. It financed real estate or equipment through an SBA 504 loan of $1,616,000 approved on October 26, 2023, with Harvest Commercial Capital, LLC as the lender and AMPAC Tri-State CDC, Inc. as the certified development company.

SBA 504 loan, approved Oct 26, 2023

$1,616,000 SBA portionCDC: AMPAC Tri-State CDC, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,616,000
Bank portion
$1,577,125
Estimated project size
$3,547,917 (estimated)
Estimated owner equity
$354,792 (estimated, about 10% of the project)
Bank lender
Harvest Commercial Capital, LLC, Laguna Hills, CA
CDC
AMPAC Tri-State CDC, Inc.
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
October 26, 2048 (estimated, approval date plus term)
First disbursement
Mar 13, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Individual
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
San Diego County, CA
SBA district office
San Diego District Office
Congressional district
CA-50
Collateral
Yes

Estimated share of project by source

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

  • Larger than 23% 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 California: $2,161,468.

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 California