Main Street Registry

Hollyhock Rentals, LLC

Louisville, KY · Hotels (except Casino Hotels) and Motels · NAICS 721110

Hollyhock Rentals, LLC is a hotel and motel business located in Louisville, KY, in the NAICS category for Hotels (except Casino Hotels) and Motels. The company was approved for an SBA 504 loan of $3,628,000 to finance real estate or equipment through an SBA 504 loan, with Community Trust Bank, Inc. as the lender and an approval date of February 11, 2025.

SBA 504 loan, approved Feb 11, 2025

$3,628,000 SBA portionCDC: Alloy Development Co., Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$3,628,000
Bank portion
$5,052,750
Estimated project size
$9,645,278 (estimated)
Estimated owner equity
$964,528 (estimated, about 10% of the project)
Bank lender
Community Trust Bank, Inc., Pikeville, KY
CDC
Alloy Development Co., Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
February 11, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Jefferson County, KY
SBA district office
Kentucky District Office
Congressional district
KY-3
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 72% 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 Kentucky: $2,344,000.

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 Kentucky