Country Inn & Suites
Country Inn & Suites is a hotel business located in Griffin, Georgia, classified under NAICS code 721110 for hotels (except casino hotels) and motels. The company was approved for an SBA 504 loan with an SBA portion of $1,453,000, approved by Coastal States Bank on March 10, 2026, through the certified development company Small Business Access Partners, Inc.
SBA 504 loan, approved Mar 10, 2026
$1,453,000 SBA portionCDC: Small Business Access Partners, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,453,000
- Bank portion
- $2,443,590
- Estimated project size
- $4,329,544 (estimated)
- Estimated owner equity
- $432,954 (estimated, about 10% of the project)
- Bank lender
- Coastal States Bank, Hilton Head Island, SC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 10, 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
- Country Inn and Suites by Radisson
- Project location
- Spalding County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-3
- Collateral
- Yes
Estimated share of project by source
Bank 56% SBA (CDC) 34% Owner 10%
- Larger than 18% 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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