Comfort Suites Sarasota I-75
Comfort Suites Sarasota I-75 is a hotel located in Sarasota, Florida, classified under NAICS 721110 for hotels (except casino hotels) and motels, and it operates as a Comfort Suites by Choice Hotels franchise.
SBA 504 loan, approved Dec 5, 2025
$4,908,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $4,908,000
- Bank portion
- $7,961,000
- Estimated project size
- $14,298,889 (estimated)
- Estimated owner equity
- $1,429,889 (estimated, about 10% of the project)
- Bank lender
- Achieva CU, Dunedin, FL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 5, 2050 (estimated, approval date plus term)
- First disbursement
- Sep 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Comfort Suites by Choice Hotels
- Project location
- Sarasota County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-16
- Collateral
- Yes
Estimated share of project by source
Bank 56% SBA (CDC) 34% Owner 10%
- Larger than 87% 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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