Main Street Registry

Comfort Inn & Suites - Sidney

Sidney, NE · Hotels (except Casino Hotels) and Motels · NAICS 721110

Comfort Inn & Suites - Sidney is a hotel business in Sidney, Nebraska, classified under the industry Hotels (except Casino Hotels) and Motels. The company financed real estate or equipment through an SBA 504 loan of $1,168,000, with a total project amount of $1.9 million, approved on July 22, 2024 through Riverstone Bank and the Nebraska Economic Development Corporation.

SBA 504 loan, approved Jul 22, 2024

$1,168,000 SBA portionCDC: Nebraska Economic Development Corporation25 years termPaid in fullLoan details
SBA (CDC) portion
$1,168,000
Bank portion
$1,900,000
Estimated project size
$3,408,889 (estimated)
Estimated owner equity
$340,889 (estimated, about 10% of the project)
Bank lender
Riverstone Bank, Eagle, NE
CDC
Nebraska Economic Development Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
July 22, 2049 (estimated, approval date plus term)
First disbursement
Jun 11, 2025
Loan status
Paid in full
Jobs supported
16
Business type
Individual
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Cheyenne County, NE
SBA district office
Nebraska District Office
Congressional district
NE-3
Collateral
Yes

Estimated share of project by source

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

  • Larger than 6% 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 Nebraska: $2,191,172.

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 Nebraska