Station House Inn
Station House Inn is a hotel and motel business in South Lake Tahoe, California, in the hotels (except casino hotels) and motels industry. The business financed real estate or equipment through an SBA 504 loan with an SBA portion of $5.5 million, with a total project amount of $9.5 million, approved on June 6, 2025 through CommerceWest Bank and The Mortgage Capital Development Corporation.
SBA 504 loan, approved Jun 6, 2025
$5,500,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $5,500,000
- Bank portion
- $9,500,000
- Estimated project size
- $16,666,667 (estimated)
- Estimated owner equity
- $1,666,667 (estimated, about 10% of the project)
- Bank lender
- CommerceWest Bank, Irvine, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 6, 2050 (estimated, approval date plus term)
- First disbursement
- Aug 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 21
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Project location
- El Dorado County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-4
- Collateral
- Yes
Estimated share of project by source
Bank 57% SBA (CDC) 33% Owner 10%
- Larger than 98% 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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