Main Street Registry

Surestay Plus Nm

Alamogordo, NM · Hotels (except Casino Hotels) and Motels · NAICS 721110

Surestay Plus Nm is a hotel and motel business in Alamogordo, New Mexico, operating in the hotels (except casino hotels) and motels industry and operating as a SureStay Studio franchise. The business was financed with an SBA 7(a) loan for a change of ownership totaling $4.16 million, approved on August 22, 2025 by US Metro Bank, and the loan's term is 300 months.

SBA 7(a) loan, change of ownership, approved Aug 22, 2025

$4,160,000 approvedLender: US Metro Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$4,160,000
SBA-guaranteed amount
$3,120,000 (75% of the approval)
Lender
US Metro Bank, Garden Grove, 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
August 22, 2050 (estimated, approval date plus term)
Estimated monthly payment
$33,497 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 5, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
23
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
SureStay - SureStay Studio
Project location
Otero County, NM
SBA district office
New Mexico District Office
Congressional district
NM-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 65% 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 New Mexico: $1,985,089.

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 New Mexico