Main Street Registry

Comfort Inn & Suites Midway

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

Comfort Inn & Suites Midway is a hotel business in Midway, Florida, classified under the industry Hotels (except Casino Hotels) and Motels. The company financed real estate or equipment through an SBA 504 loan with a $1,846,000 SBA portion, approved by The Huntington National Bank through Florida Business Development Corporation on September 5, 2025.

SBA 504 loan, approved Sep 5, 2025

$1,846,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,846,000
Bank portion
$2,254,700
Estimated project size
$4,556,333 (estimated)
Estimated owner equity
$455,633 (estimated, about 10% of the project)
Bank lender
The Huntington National Bank, Columbus, OH
CDC
Florida Business Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
September 5, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Business type
Individual
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Comfort Inn, Comfort Inn & Suites & Comfort Suites
Project location
Gadsden County, FL
SBA district office
North Florida District Office
Congressional district
FL-5
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 28% 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