Main Street Registry

919 East Koenig Lane Owner LLC

Austin, TX · Hotels (except Casino Hotels) and Motels · NAICS 721110

919 East Koenig Lane Owner LLC is a hotel and motel business in Austin, Texas, in the industry Hotels (except Casino Hotels) and Motels (NAICS 721110). The company financed real estate or equipment through an SBA 504 loan of $3,598,000, with Avana Bank as the lender and Independent Development Services Corporation as the certified development company, with approval dated February 24, 2026.

SBA 504 loan, approved Feb 24, 2026

$3,598,000 SBA portionCDC: Independent Development Services Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$3,598,000
Bank portion
$3,500,000
Estimated project size
$7,886,667 (estimated)
Estimated owner equity
$788,667 (estimated, about 10% of the project)
Bank lender
Avana Bank, Abilene, TX
CDC
Independent Development Services Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
February 24, 2051 (estimated, approval date plus term)
First disbursement
Jun 17, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
19
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Best Western - Best Western Plus - Best Western Premier- Executive Residency by Best Western- @Home by Best Western - GLo - Aiden - Membership Agreement
Project location
Travis County, TX
SBA district office
San Antonio District Office
Congressional district
TX-10
Collateral
Yes

Estimated share of project by source

Bank 44% SBA (CDC) 46% Owner 10%

  • Larger than 72% of expansion loans in Hotels (except Casino Hotels) and Motels on this site.
  • Average expansion loan in Hotels (except Casino Hotels) and Motels: $2,843,226.
  • Average expansion loan in Texas: $2,316,979.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in Texas