Heritage Inn & Suites St. Louis/fenton, Trademark By Wyndham
Heritage Inn & Suites St. Louis/fenton, Trademark By Wyndham is a hotel in Fenton, Missouri, classified under the industry Hotels (except Casino Hotels) and Motels. The company financed real estate or equipment through an SBA 504 loan of $3,207,000, with Midland States Bank as the lending bank and The Mortgage Capital Development Corporation as the certified development company, with approval on July 22, 2024.
SBA 504 loan, approved Jul 22, 2024
$3,207,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,207,000
- Bank portion
- $4,475,470
- Estimated project size
- $8,536,078 (estimated)
- Estimated owner equity
- $853,608 (estimated, about 10% of the project)
- Bank lender
- Midland States Bank, Effingham, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 22, 2049 (estimated, approval date plus term)
- First disbursement
- Sep 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 19
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Trademark Collection by Wyndham
- Project location
- Saint Louis County, MO
- SBA district office
- St. Louis District Office
- Congressional district
- MO-2
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 64% 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 Missouri: $2,014,411.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Missouri
- Green Gables Inn, Branson
- Ajinkyatara LLC, Branson
- Tiffany Springs, Kansas City
- Plaza Circle, Kansas City
- Best Western St. Louis Airport North Hotels & Suites, Hazelwood
- Hisf LLC, Fenton
- Shanti 5915 LLC, Saint Louis
- Super 8 Richmond, Richmond