Main Street Registry

P1 Hospitality LLC

La Mesa, CA · Hotels (except Casino Hotels) and Motels · NAICS 721110

P1 Hospitality LLC, located in La Mesa, CA, operates in the hotel and motel industry (NAICS 721110, Hotels except Casino Hotels and Motels). The company was financed with an SBA 7(a) loan for a change of ownership of $2,645,700, approved by Merchants Bank of Indiana on August 24, 2026, and the business is listed as a Best Western franchise.

SBA 7(a) loan, change of ownership, approved Aug 24, 2026

$2,645,700 approvedLender: Merchants Bank of Indiana26 years termCommitted, not fully disbursedLoan details
Gross approval
$2,645,700
SBA-guaranteed amount
$1,984,275 (75% of the approval)
Lender
Merchants Bank of Indiana, Carmel, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
26 years (312 months)
Estimated maturity
August 24, 2052 (estimated, approval date plus term)
Estimated monthly payment
$19,735 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
33
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Best Western - Best Western Plus - Best Western Premier- Executive Residency by Best Western- @Home by Best Western - GLo - Aiden - Membership Agreement
Project location
San Diego County, CA
SBA district office
San Diego District Office
Congressional district
CA-53
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 41% 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 California: $1,688,228.

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 California