Main Street Registry

Days Inn by Wyndham Thornton; Denver North Hotel

Thornton, CO · Hotels (except Casino Hotels) and Motels · NAICS 721110

Days Inn by Wyndham Thornton; Denver North Hotel is a hotel and motel business located in Thornton, Colorado, in the NAICS category for hotels except casino hotels and motels. The company was financed with an SBA 7(a) loan for a change of ownership totaling $4,320,000, approved on September 24, 2024, through Hanmi Bank. The loan is reported with a 300-month term and 19 jobs.

SBA 7(a) loan, change of ownership, approved Sep 24, 2024

$4,320,000 approvedLender: Hanmi Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,320,000
SBA-guaranteed amount
$3,240,000 (75% of the approval)
Lender
Hanmi Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
25 years (300 months)
Estimated maturity
September 24, 2049 (estimated, approval date plus term)
Estimated monthly payment
$38,497 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 27, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
19
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Adams County, CO
SBA district office
Colorado District Office
Congressional district
CO-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 68% of acquisition loans in Hotels (except Casino Hotels) and Motels on this site.
  • Average acquisition loan in Hotels (except Casino Hotels) and Motels: $3,241,374.
  • Average acquisition loan in Colorado: $1,608,658.

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 Colorado