Main Street Registry

Willow Inn Suites Rochester

Rochester, MN · Hotels (except Casino Hotels) and Motels · NAICS 721110

Willow Inn Suites Rochester is a hotel and motel business in Rochester, Minnesota, classified under NAICS code 721110 (Hotels, except casino hotels, and motels). The business was approved for an SBA 504 loan of $1,334,000 from the SBA portion, with Community Resource Bank as the bank lender and Amplio Economic Development Corporation as the certified development company, with approval dated April 8, 2026.

SBA 504 loan, approved Apr 8, 2026

$1,334,000 SBA portionCDC: Amplio Economic Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,334,000
Bank portion
$1,850,000
Estimated project size
$3,537,778 (estimated)
Estimated owner equity
$353,778 (estimated, about 10% of the project)
Bank lender
Community Resource Bank, Northfield, MN
CDC
Amplio Economic Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 8, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
1
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Olmsted County, MN
SBA district office
Minnesota District Office
Congressional district
MN-1
Collateral
Yes

Estimated share of project by source

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

  • Larger than 13% 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 Minnesota: $2,136,981.

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 Minnesota