Main Street Registry

Days Inn of San Bernardino

Irvine, CA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Days Inn of San Bernardino, located in Irvine, CA, is a business in the hotels (except casino hotels) and motels industry. It financed real estate or equipment through an SBA 504 loan of $1,484,000 approved on December 12, 2023, through Royal Business Bank and California Statewide Certified Development Corporation.

SBA 504 loan, approved Dec 12, 2023

$1,484,000 SBA portionCDC: California Statewide Certified Development Corporation25 years termPaid in fullLoan details
SBA (CDC) portion
$1,484,000
Bank portion
$1,441,500
Estimated project size
$3,250,556 (estimated)
Estimated owner equity
$325,056 (estimated, about 10% of the project)
Bank lender
Royal Business Bank, Los Angeles, CA
CDC
California Statewide Certified Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
December 12, 2048 (estimated, approval date plus term)
First disbursement
Jun 12, 2024
Loan status
Paid in full
Jobs supported
15
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
San Bernardino County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-8
Collateral
Yes

Estimated share of project by source

Bank 44% SBA (CDC) 46% Owner 10%

  • Larger than 20% 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 California: $2,161,468.

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 California