Main Street Registry

1470 Dry Creek Op, LLC

Longmont, CO · Hotels (except Casino Hotels) and Motels · NAICS 721110

1470 Dry Creek Op, LLC is a hotel business in Longmont, Colorado, in the Hotels (except Casino Hotels) and Motels industry, and it operates a SpringHill Suites by Marriott franchise. The business was financed with an SBA 7(a) loan for a change of ownership totaling $4,242,000, approved on August 28, 2025 by GBank. The loan supports 19 jobs as reported to the SBA.

SBA 7(a) loan, change of ownership, approved Aug 28, 2025

$4,242,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,242,000
SBA-guaranteed amount
$3,181,500 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
August 28, 2050 (estimated, approval date plus term)
Estimated monthly payment
$34,158 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 5, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
19
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
SpringHill Suites by Marriott
Project location
Boulder County, CO
SBA district office
Colorado District Office
Congressional district
CO-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 67% of acquisition loans in Hotels (except Casino Hotels) and Motels on this site.
  • Average acquisition loan in Hotels (except Casino Hotels) and Motels: $3,241,374.
  • Average acquisition loan in Colorado: $1,608,658.

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 Colorado