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KA Tucumcari LLC

Tucumcari, NM · Hotels (except Casino Hotels) and Motels · NAICS 721110

KA Tucumcari LLC is a hotel and motel business located in Tucumcari, New Mexico, in the hotels (except casino hotels) and motels industry. The company financed real estate or equipment through an SBA 504 loan of $4,336,000, with Bank of Utah as the lender and B:Side Capital as the certified development company, with approval on July 23, 2024.

SBA 504 loan, approved Jul 23, 2024

$4,336,000 SBA portionCDC: B:Side Capital25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$4,336,000
Bank portion
$6,050,000
Estimated project size
$11,540,000 (estimated)
Estimated owner equity
$1,154,000 (estimated, about 10% of the project)
Bank lender
Bank of Utah, Ogden, UT
CDC
B:Side Capital
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
July 23, 2049 (estimated, approval date plus term)
First disbursement
Feb 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Quay County, NM
SBA district office
New Mexico District Office
Congressional district
NM-3
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 80% 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 New Mexico: $2,251,714.

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 New Mexico