Main Street Registry

Scenic Inn

Conway, NH · Hotels (except Casino Hotels) and Motels · NAICS 721110

Scenic Inn in Conway, NH operates in the hotels and motels industry (NAICS 721110). It was financed with an SBA 7(a) loan for a change of ownership totaling $880,000, approved on September 3, 2026, through Commonwealth Business Bank.

SBA 7(a) loan, change of ownership, approved Sep 3, 2026

$880,000 approvedLender: Commonwealth Business Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$880,000
SBA-guaranteed amount
$660,000 (75% of the approval)
Lender
Commonwealth Business Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, variable
Term
25 years (300 months)
Estimated maturity
September 3, 2051 (estimated, approval date plus term)
Estimated monthly payment
$6,938 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
2
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Carroll County, NH
SBA district office
New Hampshire District Office
Congressional district
NH-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 4% 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 New Hampshire: $1,811,437.

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 Hampshire