El Colorado LLC
El Colorado LLC, located in Manitou Springs, Colorado, operates in the hotels (except casino hotels) and motels industry. The company financed real estate or equipment through an SBA 504 loan of $1,360,000 from the SBA portion, with Integrity Bank & Trust as the lender and B:Side Capital as the certified development company, with approval dated June 16, 2025.
SBA 504 loan, approved Jun 16, 2025
$1,360,000 SBA portionCDC: B:Side Capital25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,360,000
- Bank portion
- $1,893,918
- Estimated project size
- $3,615,464 (estimated)
- Estimated owner equity
- $361,546 (estimated, about 10% of the project)
- Bank lender
- Integrity Bank & Trust, Monument, CO
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 16, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Project location
- El Paso County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-5
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 15% 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 Colorado: $2,096,252.
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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