Main Street Registry

Bhole Hospitality LLC

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

Bhole Hospitality LLC is a hotel business in Savannah, Georgia, in the NAICS category for hotels (except casino hotels) and motels, and it operates under a Hyatt Place franchise. It was approved for an SBA 504 loan with an SBA portion of $1,079,000, which was processed with State Bank of Texas as the lender and Florida Business Development Corporation as the certified development company, with approval dated March 16, 2026.

SBA 504 loan, approved Mar 16, 2026

$1,079,000 SBA portionCDC: Florida Business Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,079,000
Bank portion
$1,495,900
Estimated project size
$2,861,000 (estimated)
Estimated owner equity
$286,100 (estimated, about 10% of the project)
Bank lender
State Bank of Texas, Irving, TX
CDC
Florida Business Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
March 16, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
2
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Hyatt Place
Project location
Chatham County, GA
SBA district office
Georgia District Office
Congressional district
GA-1
Collateral
Yes

Estimated share of project by source

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

  • Larger than 3% 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