Main Street Registry

Hampton Inn by Hilton Conyers

Conyers, GA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Hampton Inn by Hilton Conyers is a hotel located in Conyers, Georgia, in the hotels and motels industry as classified under NAICS code 721110. The business financed real estate or equipment through an SBA 504 loan approved on November 26, 2024, with Newtek Bank, National Association as the bank and Florida Business Development Corporation as the certified development company.

SBA 504 loan, approved Nov 26, 2024

$4,614,000 SBA portionCDC: Florida Business Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$4,614,000
Bank portion
$7,582,900
Estimated project size
$13,552,111 (estimated)
Estimated owner equity
$1,355,211 (estimated, about 10% of the project)
Bank lender
Newtek Bank, National Association, Miami, FL
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
November 26, 2049 (estimated, approval date plus term)
First disbursement
Mar 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Hampton Inn by Hilton
Project location
Rockdale County, GA
SBA district office
Georgia District Office
Congressional district
GA-4
Collateral
Yes

Estimated share of project by source

Bank 56% SBA (CDC) 34% Owner 10%

  • Larger than 84% 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.

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Same industry in Georgia