Tridelphia Hotel LLC
Tridelphia Hotel LLC is located in Triadelphia, WV, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 504 loan ($4,038,000 SBA portion) on January 13, 2024 to finance real estate or equipment.
SBA 504 loan, approved Jan 13, 2024
- SBA (CDC) portion
- $4,038,000
- Bank portion
- $5,642,500
- Estimated project size
- $10,756,111 (estimated)
- Estimated owner equity
- $1,075,611 (estimated, about 10% of the project)
- Bank lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- January 13, 2049 (estimated, approval date plus term)
- First disbursement
- Apr 17, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Hampton Inn by Hilton
- Project location
- Ohio County, WV
- SBA district office
- West Virginia District Office
- Congressional district
- WV-1
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 76% 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 West Virginia: $3,251,500.
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 West Virginia
- Ham Inc., Barboursville
- Ambika Group LLC, Harpers Ferry
- Schroyer Hospitality LLC, Martinsburg
- Holiday Inn Express, Mineral Wells
- Omstays LLC, Hurricane
- Red Roof Inn Huntington, Huntington
- Rodeway Inn & Suites, Charles Town
- Days Inn & Suites, Sutton