Main Street Registry

Scottish Fairway Inn

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

Scottish Fairway Inn is a hotel and motel business in Monterey, California, classified under the NAICS industry for hotels (except casino hotels) and motels. The company financed real estate or equipment through an SBA 504 loan of $2,361,000, approved on January 29, 2026, through Monterey County Bank and The Mortgage Capital Development Corporation.

SBA 504 loan, approved Jan 29, 2026

$2,361,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,361,000
Bank portion
$3,280,000
Estimated project size
$6,267,778 (estimated)
Estimated owner equity
$626,778 (estimated, about 10% of the project)
Bank lender
Monterey County Bank, Monterey, CA
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 29, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
8
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Monterey County, CA
SBA district office
Fresno District Office
Congressional district
CA-20
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 45% 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