Stonehollow Lending's hotel page covers funding for Kootenai County, ID hotels and motels: FF&E, systems, payroll and the business side of a purchase, not the real estate.
At a glance
- Traveler accommodation employers, Kootenai County, ID
39 (CBP 2023)
- Paid employees in traveler accommodation
1,994 (CBP 2023)
- Traveler accommodation employers in ZIP 83814
26 (ZBP 2023)
Guest Room Refreshes, Building Systems and Payroll at Kootenai County, ID Hotels
A hotel or motel funds three kinds of cost: furniture, fixtures and equipment in the rooms and public spaces; building systems such as HVAC, water heaters and laundry; and payroll and supplies. Stonehollow does not arrange real estate loans, so buying or refinancing the land and building is outside this page; the business assets are not.
Kootenai County, ID had 39 traveler accommodation businesses (hotels, motels, casino hotels and other lodging) with paid employees in 2023, with 1,994 paid employees and $70.4 million in annual payroll (County Business Patterns 2023, NAICS 7211). Only 28.2% had fewer than five employees, and 26 were in ZIP 83814 (ZBP 2023).
Hotel Lenders in Coeur d'Alene, ID: Banks, Equipment Funders and Partners
Banks and specialist lodging lenders fund hotel real estate; equipment finance companies fund FF&E and systems; and funding partners reached through a request like this one read the business side. Each wants the property's operating history: occupancy, average daily rate, revenue per available room and the franchise agreement if the property is flagged.
Hotels Loans in Coeur d'Alene, ID: Traveler Accommodation in Census Counts
| Group (NAICS) | Establishments | Paid employees |
|---|---|---|
| Traveler accommodation (7211) | 39 | 1,994 |
| Accommodation and food services, all (72) | 496 | 9,067 |
| Full-service restaurants (722511) | 142 | 3,004 |
The county also counted 66 traveler accommodation businesses without paid employees in 2024 (Nonemployer Statistics), a separate program.
Operating Records a Partner Reads for a Kootenai County, ID Hotel
Partners reading a lodging request look at monthly revenue for at least two years, occupancy and average daily rate from the property management system, the profit and loss statement and the tax returns. A flagged property adds the franchise agreement and any improvement plan.
Online travel agency payouts arrive on their own schedule, and direct bookings by card arrive daily; show both in the bank statements so the partner sees the full revenue.
Motel Financing in Coeur d'Alene, ID
A smaller motel's requests tend to be specific: a roof, boilers, a set of room air conditioners, new beds or a laundry. Each can be quoted and financed as equipment or, for work built into the building, as a term loan. Partners read the quote, the property's revenue history and whether the owner also owns the building.
Motel Loans in Coeur d'Alene, ID: Roofs, HVAC and Room Refreshes
Room refreshes replace beds, case goods, carpet, lighting and televisions on a cycle. Building systems such as packaged terminal air conditioners, water heaters and boilers wear out on their own schedules. Group the work into one quote per project so each carries a term that matches its life.
Loan to Buy Motel in Coeur d'Alene, ID: Real Estate vs Business Assets
Buying a motel almost always includes the land and building, and that part is a commercial real estate loan, which Stonehollow does not arrange. The business side of a purchase, such as FF&E, working capital for the first months and equipment upgrades, can be requested here alongside a mortgage arranged elsewhere.
Hotel Motel Loans in Coeur d'Alene, ID: FF&E Packages Worked Through
Illustration only, invented figures: a 42-room property refreshes every room for $210,000, about $5,000 per room (our arithmetic), financed over 72 months at an assumed annual rate of 9.5%. The payment is $3,837.69 a month, about $91.37 per room per month. A franchise's property improvement plan may set the scope and deadline, so attach it to the request. Phasing the refresh floor by floor spreads the cost and keeps rooms available to sell during the work.
Laundry, Kitchen and Pool Equipment at a Kootenai County, ID Property
Commercial washers and dryers, breakfast-area kitchen equipment, pool heaters and pumps, and fitness rooms are all equipment with their own lives. Replacing them on one quote, or project by project, keeps each financed over a term that fits it.
Ask whether the installer's price includes removal of old equipment and any permit work, since those costs can surprise a tight budget.
Hotel Financing in Coeur d'Alene, ID
Housekeeping and front-desk payroll runs every week, while group and corporate bookings may be invoiced and paid later. Working capital covers that gap. The term loan page covers amortization, and the restaurant page covers on-site dining. County tables are on the Coeur d'Alene, ID page.
By Stonehollow Lending · Updated
