Montrose Hospitality LLC
Montrose Hospitality LLC, located in Montrose, Colorado, operates in the hotels (except casino hotels) and motels industry. The company was financed with an SBA 7(a) loan for a change of ownership of $3,489,000, approved on April 18, 2025, through Southwestern National Bank. The loan is associated with 16 jobs.
SBA 7(a) loan, change of ownership, approved Apr 18, 2025
$3,489,000 approvedLender: Southwestern National Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,489,000
- SBA-guaranteed amount
- $2,616,750 (75% of the approval)
- Lender
- Southwestern National Bank, Houston, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- April 18, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $28,685 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 1, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Project location
- Montrose County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 55% of acquisition loans in Hotels (except Casino Hotels) and Motels on this site.
- Average acquisition loan in Hotels (except Casino Hotels) and Motels: $3,241,374.
- Average acquisition loan in Colorado: $1,608,658.
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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