Select-Service Hotel Feasibility Study Supports SBA 504 Financing in Seward, Alaska
Wert-Berater prepared an independent SBA 504 feasibility study for a proposed 44-room ground-up select-service hotel with café and event room in downtown Seward, Alaska. The study evaluated economic, market, technical, financial, and management feasibility against SBA SOP 50 10 8 standards, replacing the sponsor's unsupported assumptions with analyst-developed figures throughout. The determination is Feasible Subject to Stated Conditions, contingent on verification of total project cost, program-minimum equity injection, a funded two-year debt-service reserve, and nine additional documented conditions precedent.