Main Street Registry

Northrise LLC

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

Northrise LLC is a hotel and motel business in Las Cruces, New Mexico, classified under NAICS 721110 for hotels (except casino hotels) and motels. The business financed real estate or equipment through an SBA 504 loan, with an SBA portion of $5,184,000 provided through the CDC B:Side Capital and a bank portion from Century Bank, with the loan approved on May 26, 2026.

SBA 504 loan, approved May 26, 2026

$5,184,000 SBA portionCDC: B:Side Capital25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$5,184,000
Bank portion
$8,347,500
Estimated project size
$15,035,000 (estimated)
Estimated owner equity
$1,503,500 (estimated, about 10% of the project)
Bank lender
Century Bank, Santa Fe, NM
CDC
B:Side Capital
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
May 26, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
26
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Homewood Suites by Hilton
Project location
Dona Ana County, NM
SBA district office
New Mexico District Office
Congressional district
NM-2
Collateral
Yes

Estimated share of project by source

Bank 56% SBA (CDC) 34% Owner 10%

  • Larger than 96% 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