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We arrange the purchase loan for the

 Comfort Inn of Dahlgren, Virginia

3 million SBA 504 loan

Purchase loan SBA 504 for Comfort Inn of Dahlgren, Virginia


Scientific Capital arranges a 3 MM SBA 504 loan for the acquisition of the Comfort Inn in Virginia. The project was financed as 80% Loan to Cost (LTC) with the first position financing through an FDIC lender and the 2nd position loan through the SBA. Previously the 504 loans could be used for hotel acquisition at 85% Loan to Value but starting this year, the 85% financing can only be applied to business expansion in which the ownership structure of the expanding business remains unchanged.

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