Quality Inn San Jose Airport/Silicon Valley

SBA (CDC) portion

$1,639,000

Bank portion

$1,600,000

Estimated project size

$3,598,889 (estimated)

Estimated owner equity

$359,889 (estimated, about 10% of the project)

Bank lender

Open Bank, Los Angeles, CA

CDC

The Mortgage Capital Development Corporation

Processing method

504 Refinancing: refinances existing business debt

Term

25 years (300 months)

Estimated maturity

September 24, 2050 (estimated, approval date plus term)

First disbursement

Mar 11, 2026

Loan status

Status not reported (SBA exemption)

Jobs supported

3

Business type

LLC or partnership

NAICS

721110, Hotels (except Casino Hotels) and Motels

Franchise

Quality Inn, Quality Inn & Suites,

Project location

Santa Clara County, CA

SBA district office

San Francisco District Office

Congressional district

CA-17

Collateral

Yes

Estimated share of project by source

Bank 44% SBA (CDC) 46% Owner 10%

• Larger than 24% 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.