Main Street Registry

Staybridge Suites Tech Center

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

Staybridge Suites Tech Center is a hotel business in Centennial, Colorado, classified under NAICS 721110 (Hotels, except Casino Hotels and Motels). The business financed real estate or equipment through an SBA 504 loan of $4.2 million, with Celtic Bank Corporation as the lender and B:Side Capital as the CDC, approved on September 26, 2024.

SBA 504 loan, approved Sep 26, 2024

$4,203,000 SBA portionCDC: B:Side Capital25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$4,203,000
Bank portion
$5,880,000
Estimated project size
$11,203,333 (estimated)
Estimated owner equity
$1,120,333 (estimated, about 10% of the project)
Bank lender
Celtic Bank Corporation, Salt Lake City, UT
CDC
B:Side Capital
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
September 26, 2049 (estimated, approval date plus term)
First disbursement
May 14, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Arapahoe County, CO
SBA district office
Colorado District Office
Congressional district
CO-4
Collateral
Yes

Estimated share of project by source

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

  • Larger than 79% 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 Colorado: $2,096,252.

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