Main Street Registry

Providencia 619 LLC, a California limited liability company, as to an undivided 81.02% interest, and Ferrari Fuoco LLC, a California limited liability company, as to an undivided 18.98% interest, as tenant-in-common.

San Diego, CA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Providencia 619 LLC, a California limited liability company, and Ferrari Fuoco LLC, a California limited liability company, as tenants-in-common, operate a hotel or motel business in San Diego, CA, in the industry classified as Hotels (except Casino Hotels) and Motels.

SBA 504 loan, approved Dec 8, 2025

$3,497,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$3,497,000
Bank portion
$8,800,000
Estimated project size
$13,663,333 (estimated)
Estimated owner equity
$1,366,333 (estimated, about 10% of the project)
Bank lender
Western Alliance Bank, Phoenix, AZ
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
December 8, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
23
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
San Diego County, CA
SBA district office
San Diego District Office
Congressional district
CA-52
Collateral
Yes

Estimated share of project by source

Bank 64% SBA (CDC) 26% Owner 10%

  • Larger than 70% 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 California: $2,161,468.

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