Moonridge Cabins at Lakeside LLC
Moonridge Cabins at Lakeside LLC is a hotel and motel business located in Lakeside, Arizona. It was financed with an SBA 7(a) loan for a change of ownership of $1,120,500, approved on March 10, 2026, by Celtic Bank Corporation.
SBA 7(a) loan, change of ownership, approved Mar 10, 2026
$1,120,500 approvedLender: Celtic Bank Corporation25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,120,500
- SBA-guaranteed amount
- $840,375 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- March 10, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $9,212 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 20, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Project location
- Navajo County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 7% 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 Arizona: $1,690,811.
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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