The Oiring Collection LLC
The Oiring Collection LLC is located in Albany, NY, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 504 loan ($3,440,000 SBA portion) on September 15, 2025 to finance real estate or equipment.
SBA 504 loan, approved Sep 15, 2025
- SBA (CDC) portion
- $3,440,000
- Bank portion
- $5,022,000
- Estimated project size
- $9,402,222 (estimated)
- Estimated owner equity
- $940,222 (estimated, about 10% of the project)
- Bank lender
- Happen Bank, Lehi, UT
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- September 15, 2050 (estimated, approval date plus term)
- First disbursement
- Feb 11, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Country Inn and Suites by Radisson
- Project location
- Albany County, NY
- SBA district office
- Syracuse District Office
- Congressional district
- NY-20
- Collateral
- Yes
Estimated share of project by source
Bank 53% SBA (CDC) 37% Owner 10%
- Larger than 68% 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 York: $2,225,161.
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 York
- 3380 State Route 14 Group LLC, Watkins Glen
- P & K Hotels LLC, Jamestown
- Roosevelt Inn & Suites, Ballston Spa Town of Malta
- Super 8, Norwich
- Shiv Krupa Hospitality LLC, Attica
- Holiday Inn Express, Syracuse
- The Haven Court Hospitality LLC, Wellsville
- Super 8, Sidney