Days Inn Carson City
Days Inn Carson City is a hotel and motel business in Carson City, Nevada, classified under the industry Hotels (except Casino Hotels) and Motels. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $3.2 million, approved on December 17, 2024 by Open Bank, and the loan lists 14 jobs and a Days Inn franchise affiliation.
SBA 7(a) loan, change of ownership, approved Dec 17, 2024
$3,200,000 approvedLender: Open Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,200,000
- SBA-guaranteed amount
- $2,400,000 (75% of the approval)
- Lender
- Open Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- December 17, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $27,404 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 31, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Days Inn / Days Inn by Wyndham
- Project location
- Carson City County, NV
- SBA district office
- Nevada District Office
- Congressional district
- NV-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 51% 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 Nevada: $1,617,910.
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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