Main Street Registry

Sleep Inn & Suites Tampa South

Tampa, FL · Hotels (except Casino Hotels) and Motels · NAICS 721110

Sleep Inn & Suites Tampa South is a hotel business in Tampa, Florida, in the NAICS category for hotels (except casino hotels) and motels. The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $3,823,000, approved on June 5, 2025, through Central Bank and Florida Business Development Corporation.

SBA 504 loan, approved Jun 5, 2025

$3,823,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$3,823,000
Bank portion
$5,340,000
Estimated project size
$10,181,111 (estimated)
Estimated owner equity
$1,018,111 (estimated, about 10% of the project)
Bank lender
Central Bank, Tampa, FL
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
June 5, 2050 (estimated, approval date plus term)
First disbursement
Sep 17, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels
Project location
Hillsborough County, FL
SBA district office
South Florida District Office
Congressional district
FL-14
Collateral
Yes

Estimated share of project by source

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

  • Larger than 75% 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 Florida: $2,058,496.

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 Florida