Main Street Registry

Holiday Inn Express & Suites

Huber Heights, OH · Hotels (except Casino Hotels) and Motels · NAICS 721110

Holiday Inn Express & Suites in Huber Heights, Ohio, operates in the hotels and motels industry. The business financed real estate or equipment through an SBA 504 loan of $2,094,000, with a total project amount of $3,528,500, approved on September 9, 2025, by Celtic Bank Corporation through Cascade Capital Corporation as the certified development company.

SBA 504 loan, approved Sep 9, 2025

$2,094,000 SBA portionCDC: Cascade Capital Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,094,000
Bank portion
$3,528,500
Estimated project size
$6,247,222 (estimated)
Estimated owner equity
$624,722 (estimated, about 10% of the project)
Bank lender
Celtic Bank Corporation, Salt Lake City, UT
CDC
Cascade Capital Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
September 9, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
4
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Montgomery County, OH
SBA district office
Columbus District Office
Congressional district
OH-8
Collateral
Yes

Estimated share of project by source

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

  • Larger than 36% 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 Ohio: $2,096,556.

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 Ohio