Comfort Inn of Tioga County
Comfort Inn of Tioga County is a hotel and motel business in Apalachin, New York, classified under NAICS code 721110 (Hotels, except Casino Hotels and Motels). The company financed real estate or equipment through an SBA 504 loan of $1,291,000, approved on January 20, 2026, through Tioga State Bank, National Association, with Empire State Certified Development Corporation as the certified development company.
SBA 504 loan, approved Jan 20, 2026
$1,291,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,291,000
- Bank portion
- $1,383,360
- Estimated project size
- $2,971,511 (estimated)
- Estimated owner equity
- $297,151 (estimated, about 10% of the project)
- Bank lender
- Tioga State Bank, National Association, Spencer, NY
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- January 20, 2051 (estimated, approval date plus term)
- First disbursement
- Aug 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Comfort Inn, Comfort Inn & Suites & Comfort Suites
- Project location
- Tioga County, NY
- SBA district office
- Syracuse District Office
- Congressional district
- NY-22
- Collateral
- Yes
Estimated share of project by source
Bank 47% SBA (CDC) 43% 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 New York: $2,225,161.
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 New York
- 3380 State Route 14 Group LLC, Watkins Glen
- P & K Hotels LLC, Jamestown
- Roosevelt Inn & Suites, Ballston Spa Town of Malta
- Super 8, Norwich
- Shiv Krupa Hospitality LLC, Attica
- Holiday Inn Express, Syracuse
- The Haven Court Hospitality LLC, Wellsville
- Super 8, Sidney