Hotel Kaufman LLC
Hotel Kaufman LLC, located in Zelienople, Pennsylvania, is classified in the full-service restaurants industry (NAICS 722511). The company financed real estate or equipment through an SBA 504 loan of $1,484,000, approved on December 23, 2024, with First National Bank of Pennsylvania as the lender and Empire State Certified Development Corporation as the certified development company.
SBA 504 loan, approved Dec 23, 2024
$1,484,000 SBA portionCDC: Empire State Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,484,000
- Bank portion
- $1,815,000
- Estimated project size
- $3,665,556 (estimated)
- Estimated owner equity
- $366,556 (estimated, about 10% of the project)
- Bank lender
- First National Bank of Pennsylvania, Greenville, PA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 23, 2049 (estimated, approval date plus term)
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Butler County, PA
- SBA district office
- Pittsburgh District Office
- Congressional district
- PA-16
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 48% of expansion loans in Full-Service Restaurants on this site.
- Average expansion loan in Full-Service Restaurants: $1,813,082.
- Average expansion loan in Pennsylvania: $2,212,724.
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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