Main Street Registry

Spark By Hilton Grain Valley Kansas City

Grain Valley, MO · Hotels (except Casino Hotels) and Motels · NAICS 721110

Spark By Hilton Grain Valley Kansas City is a hotel and motel business located in Grain Valley, Missouri, classified under the NAICS industry for hotels (except casino hotels) and motels. The company was financed with an SBA 7(a) loan for a change of ownership totaling $3,324,000, approved on January 24, 2025 by Farmers State Bank of Alto Pass, Illinois.

SBA 7(a) loan, change of ownership, approved Jan 24, 2025

$3,324,000 approvedLender: Farmers State Bank of Alto Pass, Illinois307 months termStatus not reported (SBA exemption)Loan details
Gross approval
$3,324,000
SBA-guaranteed amount
$2,493,000 (75% of the approval)
Lender
Farmers State Bank of Alto Pass, Illinois, Alto Pass, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
25 years, 7 months (307 months)
Estimated maturity
August 24, 2050 (estimated, approval date plus term)
Estimated monthly payment
$28,881 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 6, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Spark by Hilton
Project location
Jackson County, MO
SBA district office
Kansas City District Office
Congressional district
MO-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 52% 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 Missouri: $1,584,414.

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 Missouri