SBA lending record
San Simeon Hotels, LLC
9270 & 9280 Castillo Dr, San Simeon, CA 93452 · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$4.7M
Total SBA financing
1
Loan on record
FY2022
On record
9
Jobs supported
Franchise brand
SureStay
See SureStay's SBA financing data — typical deal, failure rate, and how its loans perform →
● business · ● lender — business location is the ZIP-area centroid from the public record
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The loan
$4,720,000 — FY2022
- Gross approval
- $4,720,000
- SBA guaranteed
- $3,540,000 (75%)
- Status
- Past due
- Rate at approval
- 4.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 2/10/2022
- First disbursement
- 2/28/2022
- Days to fund
- 18 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Pinnacle Bank
1 loan to this business- Total assets
- $945.8B
- Deposits
- $823.5B
- Loans outstanding
- $553.9B
- Net income
- $1.3B
- Return on assets
- 0.5746872904899384%
- Return on equity
- 4.93%
- Total equity
- $107.9B
- Offices
- 4
- Founded
- 07/1
- Headquarters
- 7597 Monterey St, Gilroy, CA, 95020
- FDIC cert
- 58297
- Website
- http://www.pinnacle.bank
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with San Simeon Hotels, LLC.