Main Street Registry

Holiday Inn Express and Suites San Jose - Silicon Valley

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

Holiday Inn Express and Suites San Jose - Silicon Valley is a hotel business in San Jose, California, in the Hotels (except Casino Hotels) and Motels industry. The business was approved for an SBA 504 loan with an SBA portion of $4,998,000, with Celtic Bank Corporation as the lender and a loan approval date of July 27, 2026.

SBA 504 loan, approved Jul 27, 2026

$4,998,000 SBA portionCDC: AMPAC Tri-State CDC, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$4,998,000
Bank portion
$9,941,000
Estimated project size
$16,598,889 (estimated)
Estimated owner equity
$1,659,889 (estimated, about 10% of the project)
Bank lender
Celtic Bank Corporation, Salt Lake City, UT
CDC
AMPAC Tri-State CDC, Inc.
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
July 27, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
17
Business type
Individual
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Holiday Inn Express/Holiday Inn Express & Suites
Project location
Santa Clara County, CA
SBA district office
San Francisco District Office
Congressional district
CA-19
Collateral
Yes

Estimated share of project by source

Bank 60% SBA (CDC) 30% Owner 10%

  • Larger than 89% 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