Continental Inn Inc.

414 & 421 Ocean Street, Santa Cruz, CA 95060 · Hotels (except Casino Hotels) and Motels (NAICS 721110)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$6.9M

Jobs Supported

17

Years Active

2013–2013

Loan History (2)

Source: SBA FOIA
7(a)$3,250,000
Cancelled
Approved
Mar 6, 2013 (FY2013)
SBA Guaranteed
$2,437,500 (75%)
Term
300 months (25.0 yrs)
Interest Rate
4.75%
Revolver
0
Jobs Supported
10
Business Type
Corporation
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)

Lender

West Coast Community Bank

75 River St, Santa Cruz, CA 95060

Project Location

Santa Cruz County, CA

7(a)$3,680,000
Paid in Full
Approved
Mar 12, 2013 (FY2013)
SBA Guaranteed
$2,760,000 (75%)
Term
300 months (25.0 yrs)
Interest Rate
4.25%
Revolver
0
Jobs Supported
7
Business Type
Corporation
Industry
Hotels (except Casino Hotels) and Motels (NAICS 721110)
Paid in Full
Oct 31, 2016

Lender

Heritage Bank of Commerce

224 Airport Pkwy, San Jose, CA 95110

Project Location

Santa Cruz County, CA

Business Details

Business Type
Corporation
NAICS Code
721110 Hotels (except Casino Hotels) and Motels
Address
414 & 421 Ocean Street
Santa Cruz, CA 95060

Lenders

West Coast Community Bank
75 River St, Santa Cruz, CA 95060
Heritage Bank of Commerce
224 Airport Pkwy, San Jose, CA 95110

Other SBA Borrowers in Santa Cruz

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