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Yosemite Inn, Spark by Hilton

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

Yosemite Inn, Spark by Hilton is a hotel business in Modesto, California, classified under NAICS 721110 for hotels (except casino hotels) and motels. The company financed real estate or equipment through an SBA 504 loan of $3,239,000, approved on February 2, 2025, with Poppy Bank as the lender and The Mortgage Capital Development Corporation as the CDC.

SBA 504 loan, approved Feb 2, 2025

$3,239,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$3,239,000
Bank portion
$4,972,000
Estimated project size
$9,123,333 (estimated)
Estimated owner equity
$912,333 (estimated, about 10% of the project)
Bank lender
Poppy Bank, Santa Rosa, CA
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
February 2, 2050 (estimated, approval date plus term)
First disbursement
Sep 17, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
26
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Stanislaus County, CA
SBA district office
Fresno District Office
Congressional district
CA-10
Collateral
Yes

Estimated share of project by source

Bank 54% SBA (CDC) 36% Owner 10%

  • Larger than 65% 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