Napa Hoteliers Amplify Business Growth with Multiple SBA 504 Loans


TMC recently helped hoteliers Vikas Patel, Chotubhai Patel and Tejal Patel, secure $5.4M in total project financing.  The funds were used to purchase two hotel properties in Napa.  By utilizing multiple SBA 504 loans, the Patel’s were able to obtain 80% hotel financing at a below market rate, fixed for 25 years.  


Documents Needed for SBA Loan

What do you need to apply for an SBA 504 Loan? SBA (Small Business Administration) Loans are wonderful for small businesses looking to expand. The loans feature favorable terms, such…