Main Street Registry

Silver Ridge Lodge

Salida, CO · Hotels (except Casino Hotels) and Motels · NAICS 721110

Silver Ridge Lodge in Salida, CO operates in the hotels and motels industry (NAICS 721110). The business was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $3.74 million approved on July 17, 2025 by Centerstone SBA Lending, Inc.

SBA 7(a) loan, change of ownership, approved Jul 17, 2025

$3,740,000 approvedLender: Centerstone SBA Lending, Inc.25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,740,000
SBA-guaranteed amount
$2,805,000 (75% of the approval)
Lender
Centerstone SBA Lending, Inc., Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
July 17, 2050 (estimated, approval date plus term)
Estimated monthly payment
$30,115 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 27, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
17
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Chaffee County, CO
SBA district office
Colorado District Office
Congressional district
CO-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 59% 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 Colorado: $1,608,658.

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 Colorado