Country Inn & Suites Smyrna-Atlanta Northwest
Country Inn & Suites Smyrna-Atlanta Northwest is a hotel in Smyrna, Georgia, in the Hotels (except Casino Hotels) and Motels industry, and it operates as a Country Inn and Suites by Radisson franchise. The business financed real estate or equipment through an SBA 504 loan of $2,146,000 with a total project amount of $3,470,000, approved on April 28, 2025, through Wallis Bank and Capital Partners Certified Development Company.
SBA 504 loan, approved Apr 28, 2025
$2,146,000 SBA portionCDC: Capital Partners Certified Development Company25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,146,000
- Bank portion
- $3,470,000
- Estimated project size
- $6,240,000 (estimated)
- Estimated owner equity
- $624,000 (estimated, about 10% of the project)
- Bank lender
- Wallis Bank, Wallis, TX
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 28, 2050 (estimated, approval date plus term)
- First disbursement
- Jul 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- LLC or partnership
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Country Inn and Suites by Radisson
- Project location
- Cobb County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-11
- Collateral
- Yes
Estimated share of project by source
Bank 56% SBA (CDC) 34% 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 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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