Bhole Hospitality LLC
Bhole Hospitality LLC is a hotel business in Savannah, Georgia, in the NAICS category for hotels (except casino hotels) and motels, and it operates under a Hyatt Place franchise. It was approved for an SBA 504 loan with an SBA portion of $1,079,000, which was processed with State Bank of Texas as the lender and Florida Business Development Corporation as the certified development company, with approval dated March 16, 2026.
SBA 504 loan, approved Mar 16, 2026
$1,079,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,079,000
- Bank portion
- $1,495,900
- Estimated project size
- $2,861,000 (estimated)
- Estimated owner equity
- $286,100 (estimated, about 10% of the project)
- Bank lender
- State Bank of Texas, Irving, TX
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 16, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Hyatt Place
- Project location
- Chatham County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-1
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 3% 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 Georgia: $2,201,121.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Georgia
- Super 8 Kingsland, Kingsland
- Stay Suites Richmond, LLC, Richmond Hill
- Shardamaa Ashirvad LLC, Washington
- HD Properties II LLC, Brunswick
- Mir Prime Management LLC, Atlanta
- Satnaam Hotel LLC, Stockbridge
- S&A Town Center, LLC, Kennesaw
- Peachtree Inn & Suites, Atlanta