Main Street Registry

P2P Hospitality LLC

Maumee, OH · Hotels (except Casino Hotels) and Motels · NAICS 721110

P2P Hospitality LLC is a hotel and motel business in Maumee, Ohio, classified under NAICS code 721110 (Hotels, except Casino Hotels and Motels), and it operates a Candlewood Suites franchise. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $3,885,000, approved on April 17, 2026 by Shoreham Bank, with 10 jobs reported.

SBA 7(a) loan, change of ownership, approved Apr 17, 2026

$3,885,000 approvedLender: Shoreham Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,885,000
SBA-guaranteed amount
$2,913,750 (75% of the approval)
Lender
Shoreham Bank, Warwick, RI
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
25 years (300 months)
Estimated maturity
April 17, 2051 (estimated, approval date plus term)
Estimated monthly payment
$29,345 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 31, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Candlewood Suites
Project location
Lucas County, OH
SBA district office
Columbus District Office
Congressional district
OH-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 61% 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 Ohio: $1,840,340.

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 Ohio