Main Street Registry

Sapphire Garland Investments, LLC

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

Sapphire Garland Investments, LLC is a hotel and motel business in Butte, Montana, classified under the industry description Hotels (except Casino Hotels) and Motels. The business financed real estate or equipment through an SBA 504 loan of $2,339,000, with Citizens Alliance Bank as the participating lender and The Mortgage Capital Development Corporation as the certified development company, approved on January 7, 2025.

SBA 504 loan, approved Jan 7, 2025

$2,339,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,339,000
Bank portion
$3,262,445
Estimated project size
$6,223,828 (estimated)
Estimated owner equity
$622,383 (estimated, about 10% of the project)
Bank lender
Citizens Alliance Bank, Clara City, MN
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 7, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
17
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Studio 6
Project location
Silver Bow County, MT
SBA district office
Montana District Office
Congressional district
MT-0
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 44% 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Montana