Dhan Hospitality LLC
Dhan Hospitality LLC, located in Lancaster, PA, operates in the hotels and motels industry (NAICS 721110) and is a Red Roof Inn franchise. The company financed real estate or equipment through an SBA 504 loan of $1,989,000 (the SBA portion), approved on August 14, 2025, with Citadel FCU as the partner lender and South Eastern Economic Development Company of Pennsylvania as the certified development company.
SBA 504 loan, approved Aug 14, 2025
$1,989,000 SBA portionCDC: South Eastern Economic Development Company of Pennsylvania25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,989,000
- Bank portion
- $2,425,000
- Estimated project size
- $4,904,444 (estimated)
- Estimated owner equity
- $490,444 (estimated, about 10% of the project)
- Bank lender
- Citadel FCU, Exton, PA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- August 14, 2050 (estimated, approval date plus term)
- First disbursement
- May 13, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Red Roof Inn
- Project location
- Lancaster County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-11
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 33% 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 Pennsylvania: $2,212,724.
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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