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Old Town Hospitality, LLC

Rock Hill, SC · Hotels (except Casino Hotels) and Motels · NAICS 721110

Old Town Hospitality, LLC, located in Rock Hill, South Carolina, operates in the hotels (except casino hotels) and motels industry, NAICS code 721110, and is listed as a Comfort Suites by Choice Hotels franchise. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $5,000,000, provided by lender GBank and approved on September 22, 2025. The loan is listed with a 300-month term and 12 jobs.

SBA 7(a) loan, change of ownership, approved Sep 22, 2025

$5,000,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$5,000,000
SBA-guaranteed amount
$3,750,000 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
September 22, 2050 (estimated, approval date plus term)
Estimated monthly payment
$40,261 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 14, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Comfort Suites by Choice Hotels
Project location
York County, SC
SBA district office
South Carolina District Office
Congressional district
SC-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 76% of acquisition loans in Hotels (except Casino Hotels) and Motels on this site.
  • Average acquisition loan in Hotels (except Casino Hotels) and Motels: $3,241,374.
  • Average acquisition loan in South Carolina: $1,827,509.

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 South Carolina