Main Street Registry

New England Hospitality, LLC

Dover, NH · Hotels (except Casino Hotels) and Motels · NAICS 721110

New England Hospitality, LLC, located in Dover, New Hampshire, operates in the hotels and motels industry (NAICS 721110). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,522,000, approved on April 29, 2025, through Maine Community Bank and Granite State Economic Development Corporation.

SBA 504 loan, approved Apr 29, 2025

$2,522,000 SBA portionCDC: Granite State Economic Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,522,000
Bank portion
$4,200,000
Estimated project size
$7,468,889 (estimated)
Estimated owner equity
$746,889 (estimated, about 10% of the project)
Bank lender
Maine Community Bank, Portland, ME
CDC
Granite State Economic Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 29, 2050 (estimated, approval date plus term)
First disbursement
Sep 17, 2025
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Strafford County, NH
SBA district office
New Hampshire District Office
Congressional district
NH-1
Collateral
Yes

Estimated share of project by source

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

  • Larger than 50% 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 New Hampshire: $1,898,259.

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 New Hampshire