Main Street Registry

Hampton Inn and Suites Bellevue

Richland, WA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Hampton Inn and Suites Bellevue is a hotel in Richland, Washington, classified under NAICS 721110 for hotels (except casino hotels) and motels, and it is a Hampton Inn & Suites by Hilton franchise. The business financed real estate or equipment through an SBA 504 loan of $4,996,000, approved on January 18, 2024, with a total project amount of $15,000,000 and Numerica CU as the bank lender.

SBA 504 loan, approved Jan 18, 2024

$4,996,000 SBA portionCDC: Northwest Business Development Association25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$4,996,000
Bank portion
$15,000,000
Estimated project size
$22,217,778 (estimated)
Estimated owner equity
$2,221,778 (estimated, about 10% of the project)
Bank lender
Numerica CU, Spokane Valley, WA
CDC
Northwest Business Development Association
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 18, 2049 (estimated, approval date plus term)
First disbursement
May 15, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
30
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Hampton Inn & Suites by Hilton
Project location
King County, WA
SBA district office
Seattle District Office
Congressional district
WA-1
Collateral
Yes

Estimated share of project by source

Bank 68% SBA (CDC) 22% Owner 10%

  • Larger than 88% 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 Washington: $2,234,716.

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 Washington