La Quinta Round Rock
La Quinta Round Rock is a hotel business in Round Rock, Texas, classified under NAICS 721110 for hotels (except casino hotels) and motels. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $3,222,000 and a total project amount of $4,500,000, approved on February 23, 2026, through lender Celtic Bank Corporation and certified development company LiftFund, Inc.
SBA 504 loan, approved Feb 23, 2026
$3,222,000 SBA portionCDC: LiftFund, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,222,000
- Bank portion
- $4,500,000
- Estimated project size
- $8,580,000 (estimated)
- Estimated owner equity
- $858,000 (estimated, about 10% of the project)
- Bank lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 23, 2051 (estimated, approval date plus term)
- First disbursement
- Sep 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- La Quinta by Wyndham / La Quinta Inn & Suites
- Project location
- Williamson County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-31
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 64% 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 Texas: $2,316,979.
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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