Quality Inn
Quality Inn is located in Spring Valley, NY, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 504 loan ($2,175,000 SBA portion) on April 30, 2026 to finance real estate or equipment.
SBA 504 loan, approved Apr 30, 2026
- SBA (CDC) portion
- $2,175,000
- Bank portion
- $2,118,000
- Estimated project size
- $4,770,000 (estimated)
- Estimated owner equity
- $477,000 (estimated, about 10% of the project)
- Bank lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- April 30, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Quality Inn, Quality Inn & Suites,
- Project location
- Rockland County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-17
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Larger than 38% 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 York: $2,225,161.
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 York
- 3380 State Route 14 Group LLC, Watkins Glen
- P & K Hotels LLC, Jamestown
- Roosevelt Inn & Suites, Ballston Spa Town of Malta
- Super 8, Norwich
- Shiv Krupa Hospitality LLC, Attica
- Holiday Inn Express, Syracuse
- The Haven Court Hospitality LLC, Wellsville
- Super 8, Sidney