201407211100PR_NEWS_USPR_____DC72417 20140721T110000-0400 prnewswire.com 20140721 DC72417 1 urn:newsml:prnewswire.com:20140721:DC72417:1 20140721T110000-0400 20140721T110000-0400 MimeType/@FormalName Capital CDC Provides SBA 504 Financing for Sugarberry Inn, Fredericksburg's New Bed and Breakfast AUSTIN, Texas, July 21, 2014 CapitalCDC-Sugarberry 201407211100PR_NEWS_USPR_____DC72417.xml Capital CDC Provides SBA 504 Financing for Sugarberry Inn, Fredericksburg's New Bed and Breakfast

Capital CDC Provides SBA 504 Financing for Sugarberry Inn, Fredericksburg's New Bed and Breakfast

PR Newswire

AUSTIN, Texas, July 21, 2014 /PRNewswire-USNewswire/ -- In June of 2014, Joe and Susan Giardina opened the doors to Sugarberry Inn, a bed and breakfast in Fredericksburg, Texas. Sugarberry Inn is located across from the Rock Box Theatre in Fredericksburg - its location only a block away from main street shopping, restaurants, breweries & wineries, and a short drive for hiking & cycling!

"We found the property, approached the bank and they brought in Capital CDC. The SBA 504 route turned out to be great," Joe Giardina said. "Capital CDC came in, met with us, and immediately jumped on board. It was easy for us to satisfy the requirements for the 504 loan and Capital CDC was easy to work with."

What sets this B&B apart from the other 300 bed and breakfast locations in Fredericksburg? Attention to detail. Owners Joe and Susan refused to cut corners when it came to the construction and design, even if it meant requesting a higher budget. Sugarberry Inn is complete with high-end European furnishings and antiques and each cottage is beautifully crafted and uniquely decorated.

"Everything is high end, from our furnishings to the antiques on the property, they are all imported from Europe," Joe Giardina said. "When we realized we needed a higher budget the SBA was quick and willing to give us more funding."

Sugarberry Inn is off to a great start and shows no signs of slowing down! The b&b has been open for just over a month and has already sold out multiple times.

"I believe we have the nicest facility in town, and that is saying something in a town with over 300 bed and breakfast locations," Joe Giardina said.

Owners Joe and Susan are focused on their present task of running the inn, but look toward the future and the potential for expansion.

Capital CDC is thrilled for Joe and Susan Giardina and thankful for Denny Buchanan, Commercial Lender at Independent Bank, and the partnership to get this project funded. For more information and reservations, please visit www.sugarberryinn.com.

For financing inquiries, please contact Capital CDC at (877) 504-PROS (7767) or visit us online at www.capitalcdc.com.

SOURCE Capital CDC