Columbus Easton Hospitality LLC
Columbus Easton Hospitality LLC is a hotel business in Columbus, Ohio, classified under hotels (except casino hotels) and motels. The company financed real estate or equipment through an SBA 504 loan of $3,268,000, approved on March 3, 2026 with The Peoples Bank Co as the lender and West Central Partnership, Inc. as the certified development company.
SBA 504 loan, approved Mar 3, 2026
$3,268,000 SBA portionCDC: West Central Partnership, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $3,268,000
- Bank portion
- $5,300,000
- Estimated project size
- $9,520,000 (estimated)
- Estimated owner equity
- $952,000 (estimated, about 10% of the project)
- Bank lender
- The Peoples Bank Co, Coldwater, OH
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- March 3, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 37
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Holiday Inn Express/Holiday Inn Express & Suites
- Project location
- Franklin County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-3
- Collateral
- Yes
Estimated share of project by source
Bank 56% SBA (CDC) 34% Owner 10%
- Larger than 65% 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 Ohio: $2,096,556.
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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