Main Street Registry

Star Motel Arizona, LLC

Sedona, AZ · Hotels (except Casino Hotels) and Motels · NAICS 721110

Star Motel Arizona, LLC is a hotel and motel business located in Sedona, Arizona, classified under the industry Hotels (except Casino Hotels) and Motels (NAICS 721110). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,027,000, approved on August 30, 2024, through Integro Bank with CDC Small Business Finance Corp. as the certified development company.

SBA 504 loan, approved Aug 30, 2024

$1,027,000 SBA portionCDC: CDC Small Business Finance Corp.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,027,000
Bank portion
$1,000,000
Estimated project size
$2,252,222 (estimated)
Estimated owner equity
$225,222 (estimated, about 10% of the project)
Bank lender
Integro Bank, Phoenix, AZ
CDC
CDC Small Business Finance Corp.
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
August 30, 2049 (estimated, approval date plus term)
First disbursement
Jan 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Coconino County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-1
Collateral
Yes

Estimated share of project by source

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

  • Larger than 2% 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