Borrower Spotlight: Inn & Spa at Cedar Falls


Website: https://innatcedarfalls.com/

Location: Logan

County: Hocking

Lending Partner: First Merchants Bank

The Inn & Spa at Cedar Falls is a unique lodging property surrounded on three sides by Hocking Hills State Park in Logan, Ohio. The grounds consist of 75 acres of wooded and landscaped property with cottages, cabins, yurts, and other unique rentals. In addition, they offer a full-service restaurant, meeting space, and spa.  

OSDC worked with First Merchants Bank to secure an SBA 504 loan to help new owners Zac and Lauren purchase the business from the retiring former owners. The loan helped the new owners with a low down payment to help preserve cash through the business transition.