Belle Vernon Hospitality LLC
Belle Vernon Hospitality LLC is a hotel business in Belle Vernon, Pennsylvania, classified under the industry of hotels (except casino hotels) and motels, and it operates as a Hampton Inn by Hilton franchise. The company financed real estate or equipment through an SBA 504 loan of $2,585,000 with Enterprise Bank, with an approval date of April 29, 2025, and the project is associated with 30 jobs.
SBA 504 loan, approved Apr 29, 2025
$2,585,000 SBA portionCDC: Regional Development Funding Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,585,000
- Bank portion
- $3,600,000
- Estimated project size
- $6,872,222 (estimated)
- Estimated owner equity
- $687,222 (estimated, about 10% of the project)
- Bank lender
- Enterprise Bank, Allison Park, PA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- April 29, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 30
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Hampton Inn by Hilton
- Project location
- Westmoreland County, PA
- SBA district office
- Pittsburgh District Office
- Congressional district
- PA-14
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 52% 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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