Hampton Inn (Seatac)
Hampton Inn (Seatac), located in Seattle, Washington, operates in the hotels and motels industry and is a Hampton Inn by Hilton franchise. The business was approved for an SBA 504 loan of $5,000,000 on April 9, 2026, through the lender Timberland Bank and the certified development company Evergreen Business Capital, with the loan used to finance real estate or equipment.
SBA 504 loan, approved Apr 9, 2026
$5,000,000 SBA portionCDC: Evergreen Business Capital25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $5,000,000
- Bank portion
- $7,750,000
- Estimated project size
- $14,166,667 (estimated)
- Estimated owner equity
- $1,416,667 (estimated, about 10% of the project)
- Bank lender
- Timberland Bank, Hoquiam, WA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- April 9, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Hampton Inn by Hilton
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-9
- Collateral
- Yes
Estimated share of project by source
Bank 55% SBA (CDC) 35% Owner 10%
- Larger than 90% 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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