United Lions Corporation
United Lions Corporation is located in Santa Maria, CA, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 504 loan ($4,999,000 SBA portion) on April 30, 2024 to finance real estate or equipment.
SBA 504 loan, approved Apr 30, 2024
- SBA (CDC) portion
- $4,999,000
- Bank portion
- $20,047,500
- Estimated project size
- $27,829,444 (estimated)
- Estimated owner equity
- $2,782,944 (estimated, about 10% of the project)
- Bank lender
- American Riviera Bank, Santa Barbara, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 30, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Delta Hotels by Marriott
- Project location
- Santa Barbara County, CA
- SBA district office
- Los Angeles District Office
- Congressional district
- CA-24
- Collateral
- Yes
Estimated share of project by source
Bank 72% SBA (CDC) 18% Owner 10%
- Larger than 89% 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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