Main Street Registry

Days Inn Eagan

Eagan, MN · Hotels (except Casino Hotels) and Motels · NAICS 721110

Days Inn Eagan is a hotel, motel and related lodging business in Eagan, Minnesota, classified under NAICS 721110 (Hotels, except Casino Hotels and Motels). The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,462,000, approved on July 8, 2025, through lender BankVista with the certified development company Midwest Business Finance Corporation.

SBA 504 loan, approved Jul 8, 2025

$1,462,000 SBA portionCDC: Midwest Business Finance Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,462,000
Bank portion
$1,999,000
Estimated project size
$3,845,556 (estimated)
Estimated owner equity
$384,556 (estimated, about 10% of the project)
Bank lender
BankVista, Sartell, MN
CDC
Midwest Business Finance Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
July 8, 2050 (estimated, approval date plus term)
First disbursement
Apr 15, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Days Inn / Days Inn by Wyndham
Project location
Dakota County, MN
SBA district office
Minnesota District Office
Congressional district
MN-2
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 19% 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 Minnesota: $2,136,981.

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 Minnesota