Main Street Registry

Comfort Inn & Suites Sequoia

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

Comfort Inn & Suites Sequoia is a hotel business in Three Rivers, CA, in the Hotels (except Casino Hotels) and Motels industry, and it operates under a Comfort Inn franchise. The business financed real estate or equipment through an SBA 504 loan of $4,757,000, approved on November 7, 2024, with PCB Bank as the lender and Business Finance Capital as the certified development company. The loan is listed as supporting 20 jobs.

SBA 504 loan, approved Nov 7, 2024

$4,757,000 SBA portionCDC: Business Finance Capital25 years termPaid in fullLoan details
SBA (CDC) portion
$4,757,000
Bank portion
$4,650,000
Estimated project size
$10,452,222 (estimated)
Estimated owner equity
$1,045,222 (estimated, about 10% of the project)
Bank lender
PCB Bank, Los Angeles, CA
CDC
Business Finance Capital
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
November 7, 2049 (estimated, approval date plus term)
First disbursement
Jan 15, 2025
Loan status
Paid in full
Jobs supported
20
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Comfort Inn, Comfort Inn & Suites & Comfort Suites
Project location
Tulare County, CA
SBA district office
Fresno District Office
Congressional district
CA-23
Collateral
Yes

Estimated share of project by source

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

  • Larger than 85% 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in California