Main Street Registry

Super 8 Black Mountain

Black Mountain, NC · Hotels (except Casino Hotels) and Motels · NAICS 721110

Super 8 Black Mountain is located in Black Mountain, NC, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 7(a) loan of $3,150,000 for a change of ownership on June 11, 2025.

SBA 7(a) loan, change of ownership, approved Jun 11, 2025

Gross approval
$3,150,000
SBA-guaranteed amount
$2,362,500 (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
June 11, 2050 (estimated, approval date plus term)
Estimated monthly payment
$25,365 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Super 8 by Wyndhan / Super 8
Project location
Buncombe County, NC
SBA district office
North Carolina District Office
Congressional district
NC-11
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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 North Carolina