Main Street Registry

Comfort Indy South

Indianapolis, IN · Hotels (except Casino Hotels) and Motels · NAICS 721110

Comfort Indy South is a hotel business in Indianapolis, Indiana, classified under the NAICS industry for hotels (except casino hotels) and motels. The company financed real estate or equipment through an SBA 504 loan of $1,270,000 with The Farmers Bank of Frankfort, Indiana, as the lender and Premier Capital Corporation as the certified development company, with the loan approved on April 28, 2026.

SBA 504 loan, approved Apr 28, 2026

$1,270,000 SBA portionCDC: Premier Capital Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,270,000
Bank portion
$2,056,179
Estimated project size
$3,695,754 (estimated)
Estimated owner equity
$369,575 (estimated, about 10% of the project)
Bank lender
The Farmers Bank, Frankfort, Indiana, Frankfort, IN
CDC
Premier Capital Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 28, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
7
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Comfort Inn, Comfort Inn & Suites & Comfort Suites
Project location
Marion County, IN
SBA district office
Indiana District Office
Congressional district
IN-7
Collateral
Yes

Estimated share of project by source

Bank 56% SBA (CDC) 34% Owner 10%

  • Larger than 11% 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 Indiana: $2,227,963.

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 Indiana