Main Street Registry

Shiva Shiva Thomasville LLC

Thomasville, GA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Shiva Shiva Thomasville LLC is a hotel and motel business in Thomasville, Georgia, classified under NAICS 721110 (Hotels, except Casino Hotels and Motels). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,256,000, approved on April 13, 2024, with Harvest Commercial Capital, LLC as the lender and Florida First Capital Finance Corporation, Inc. as the certified development company.

SBA 504 loan, approved Apr 13, 2024

$2,256,000 SBA portionCDC: Florida First Capital Finance Corporation, Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,256,000
Bank portion
$3,149,250
Estimated project size
$6,005,833 (estimated)
Estimated owner equity
$600,583 (estimated, about 10% of the project)
Bank lender
Harvest Commercial Capital, LLC, Laguna Hills, CA
CDC
Florida First Capital Finance Corporation, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
April 13, 2049 (estimated, approval date plus term)
First disbursement
Aug 14, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
20
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Best Western - Best Western Plus - Best Western Premier- Executive Residency by Best Western- @Home by Best Western - GLo - Aiden - Membership Agreement
Project location
Thomas County, GA
SBA district office
Georgia District Office
Congressional district
GA-8
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 40% 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 Georgia: $2,201,121.

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 Georgia