Main Street Registry

Adina Hospitality LLC

Allentown, PA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Adina Hospitality LLC, located in Allentown, PA, operates in the hotels and motels industry (NAICS 721110) and is a Super 8 by Wyndham franchise. The company financed real estate or equipment through an SBA 504 loan of $2,113,000, approved on October 31, 2024, with The Dime Bank as the lender and NEPA Alliance Business Finance Corporation as the certified development company. The loan supported 13 jobs.

SBA 504 loan, approved Oct 31, 2024

$2,113,000 SBA portionCDC: NEPA Alliance Business Finance Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,113,000
Bank portion
$2,950,000
Estimated project size
$5,625,556 (estimated)
Estimated owner equity
$562,556 (estimated, about 10% of the project)
Bank lender
The Dime Bank, Honesdale, PA
CDC
NEPA Alliance Business Finance Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
October 31, 2049 (estimated, approval date plus term)
First disbursement
Jan 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
13
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Super 8 by Wyndhan / Super 8
Project location
Lehigh County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-7
Collateral
Yes

Estimated share of project by source

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

  • Larger than 37% 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 Pennsylvania: $2,212,724.

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 Pennsylvania