777 South Harbour Island Blvd., Suite 140

Monroe & Giordano

M O R T G A G E B A N K E R S

777 South Harbour Island Blvd., Suite 140

Tampa, Florida 33602

813-229-5055 Fax 813-229-5363

Hotel Questionnaire and Checklist

We are pleased that you have contacted us regarding the financing of your project. Please take a few minutes and complete this questionnaire and checklist which will speed the processing of your loan.

Checklist:Please provide the following as soon as possible:

1.Income & Expense Statements for each pf the last three years and the current YTD

2.Trailing 12 months Income & Expense.

3.Budget (if Available)

4.Location Map.

5.Pictures and Brochure.

6.Budget (if Available).

7.Borrower and/or Principle Financial Statements.

8. Borrowers and/or Principal Resume.

9. Copy of Latest Franchise Inspection Report (if Available).

10. Management Company Brochure/Resume.

11.Sales Contract (if applicable).

REASON FOR FINANCING/DESIRED GOAL: ______

Acquisition: Refinance: Loan Dollars Requested:

SUBJECT:

Project Name: ______

Address (include zip code):______

Age of project:______

Number of Rooms:______

Site Acreage:______

Average Rate:______

______Last Year

______Previous Year

Occupancy:______% Current

______% Last Year

______% Previous Year

Guest Mix:______% Corporate

______% Meeting & Convention

______% Leisure

______%Government/Military

Revenue (% of Total):______% Rooms

______% Food & Beverage

______% Telephone

______% Other

Is the hotel located in a seasonal market? (Please explain): ______

______

Franchise affiliation: ______

Years remaining on franchise agreement: ______

Nearest town/city: ______

Population of town/city: ______

Who are the largest employers in the area and their approximate number of employees:

______

Is the hotel located in a designated flood plain: ______

Is any of the hotel leased to third parties: ______

If so, please describe: ______

______

Room breakdown:______Double/Doubles

______King Bed

______King Bed w/ Sofa Sleeper

______Queen

Are you on municipal water and sewer: _____ If no, please explain: ______

______

Is the hotel sprinklered: ______

Is the property in compliance with the American Disability Act: ______

If no, please explain: ______

Interior or exterior corridor: ______Stories:______Elevators:______

Number of parking spaces provided on-site: ______

List the 4-5 nearest competitors to your hotel including their number of rooms, approximate occupancy percentage and average room rate for last twelve months:

Property / # of Rooms / Occupancy / Average Rate

What is the overall market occupancy: ______Average Rate: ______

What are the amenities:

Pool:______Comp. Continental Breakfast:______

Free local calls______Comp. Evening Cocktails:______

Exercise Room______Complimentary Newspaper:______

Coffee Makers: ______Hair Dryers:______

Irons:______Ironing Boards:______

Mini-fridge______In-Room Internet Access:______

Business Center:______Other:______

List sales of competitive properties (if available):

______

Are there any new hotels being constructed in your competitive market area: ______

If so, please list: ______

______

Room night information: List your top five room night generators:

Company / Annual Room Nights

Are any of these based on a contract (either annually or monthly): ______

______

List any capital improvements made to the property in the previous three years:

Year / Improvement / $ Amount

BORROWER:

Name of borrowing entity: ______

Type of entity: Individual______Corporate______Partnership______LLC______

Is this a single asset entity: _____ If no, explain: ______

______

What is the address of the Borrowing Entity:______

______

Who are the principals (major stockholders, general partners, etc:

______

Name %Address

______

Name %Address

______

Name %Address

______

Name %Address

Do you have any negative credit information (i.e. bankruptcy, ect.): ______

If so, please explain with an attachment.

Who is the on site general manager: ______Phone number:______

OTHER:

Do you have a current appraisal: ______If so, what is the date of the appraisal and who is

it by: ______

Do you have an environmental report: ______If so, what is the date of the report

and who is it by: ______

Do you have any oil and gasoline tanks on the property: ______

What is the current debt on the project: ______

To whom: ______

Monthly payments:______When due: ______

How much money has been spent in the last 2 years on capital improvements:______

Please describe: ______

______

Certification: I hereby certify that the above is true and correct to the best of my knowledge. I also agree to give Monroe & Giordano, LLC the exclusive right to present this submission to all their lenders, except for the following lenders:

Please sign in the space provided below:

______ Date:______