Main Street Registry

Double Tree Hospitality LLC

Galveston, TX · Hotels (except Casino Hotels) and Motels · NAICS 721110

Double Tree Hospitality LLC, located in Galveston, Texas, operates in the hotels and motels industry (NAICS 721110), excluding casino hotels. The company financed real estate or equipment through an SBA 504 loan with a SBA portion of $1,808,000, approved on June 6, 2025, through First Financial Bank and Lone Star State Capital Corporation.

SBA 504 loan, approved Jun 6, 2025

$1,808,000 SBA portionCDC: Lone Star State Capital Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,808,000
Bank portion
$1,707,146
Estimated project size
$3,905,718 (estimated)
Estimated owner equity
$390,572 (estimated, about 10% of the project)
Bank lender
First Financial Bank, Abilene, TX
CDC
Lone Star State Capital Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
June 6, 2050 (estimated, approval date plus term)
First disbursement
Jan 14, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Galveston County, TX
SBA district office
Houston District Office
Congressional district
TX-14
Collateral
Yes

Estimated share of project by source

Bank 44% SBA (CDC) 46% Owner 10%

  • Larger than 27% 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 Texas: $2,316,979.

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 Texas