Main Street Registry

La Quinta Inn & Suites - Nellis

Las Vegas, NV · Hotels (except Casino Hotels) and Motels · NAICS 721110

La Quinta Inn & Suites - Nellis is a hotel and motel business in Las Vegas, Nevada, classified under the industry Hotels (except Casino Hotels) and Motels. The company financed real estate or equipment through an SBA 504 loan of $5.5 million, with an August 6, 2025 approval date through lender Newtek Bank, National Association and certified development company The Mortgage Capital Development Corporation.

SBA 504 loan, approved Aug 6, 2025

$5,500,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$5,500,000
Bank portion
$10,954,820
Estimated project size
$18,283,133 (estimated)
Estimated owner equity
$1,828,313 (estimated, about 10% of the project)
Bank lender
Newtek Bank, National Association, Miami, FL
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 6, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
21
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
La Quinta by Wyndham / La Quinta Inn & Suites
Project location
Clark County, NV
SBA district office
Nevada District Office
Congressional district
NV-1
Collateral
Yes

Estimated share of project by source

Bank 60% SBA (CDC) 30% 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 Nevada: $2,098,935.

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 Nevada