Fairfield Inn & Suites Atlanta McDonough
Fairfield Inn & Suites Atlanta McDonough is a hotel in McDonough, Georgia, in the Hotels (except Casino Hotels) and Motels industry, and it operates as a franchise under the Fairfield by Marriott brand. The business financed real estate or equipment through an SBA 504 loan of $4.57 million, with Renasant Bank as the lender and Capital Partners Certified Development Company as the certified development company, approved on May 13, 2025.
SBA 504 loan, approved May 13, 2025
$4,570,000 SBA portionCDC: Capital Partners Certified Development Company25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $4,570,000
- Bank portion
- $6,347,000
- Estimated project size
- $12,130,000 (estimated)
- Estimated owner equity
- $1,213,000 (estimated, about 10% of the project)
- Bank lender
- Renasant Bank, Tupelo, MS
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 13, 2050 (estimated, approval date plus term)
- First disbursement
- Aug 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Fairfield by Marriott/Fairfield Inn & Suites by Marriott/Fairfield Inn by Marriott/Fairfield by Marriott Inn & Suites
- Project location
- Henry County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-3
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 84% 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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