Hampton Inn & Suites West Sacramento
Hampton Inn & Suites West Sacramento is a hotel business in West Sacramento, California, classified under the industry Hotels (except Casino Hotels) and Motels. The business financed real estate or equipment through an SBA 504 loan of $5.5 million, approved on June 3, 2024, with Poppy Bank as the lender and Bay Area Employment Development Company as the certified development company.
SBA 504 loan, approved Jun 3, 2024
$5,500,000 SBA portionCDC: Bay Area Employment Development Company25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $5,500,000
- Bank portion
- $11,495,000
- Estimated project size
- $18,883,333 (estimated)
- Estimated owner equity
- $1,888,333 (estimated, about 10% of the project)
- Bank lender
- Poppy Bank, Santa Rosa, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 3, 2049 (estimated, approval date plus term)
- First disbursement
- Mar 11, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Hampton Inn & Suites by Hilton
- Project location
- Yolo County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-6
- Collateral
- Yes
Estimated share of project by source
Bank 61% SBA (CDC) 29% Owner 10%
- Larger than 98% 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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