Main Street Registry

Griffith Hospitality LLC

Charlotte, NC · Hotels (except Casino Hotels) and Motels · NAICS 721110

Griffith Hospitality LLC is a hotel and motel business located in Charlotte, North Carolina, classified under the industry Hotels (except Casino Hotels) and Motels. The company financed real estate or equipment through an SBA 504 loan of $4,060,000, with United Bankshares, Inc. as the lender and Provident Business Financial Services, Inc. as the certified development company, with approval dated July 30, 2026.

SBA 504 loan, approved Jul 30, 2026

$4,060,000 SBA portionCDC: Provident Business Financial Services, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$4,060,000
Bank portion
$6,578,802
Estimated project size
$11,820,891 (estimated)
Estimated owner equity
$1,182,089 (estimated, about 10% of the project)
Bank lender
United Bankshares, Inc., Charleston, WV
CDC
Provident Business Financial Services, Inc.
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
July 30, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
3
Business type
LLC or partnership
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Mecklenburg County, NC
SBA district office
North Carolina District Office
Congressional district
NC-9
Collateral
Yes

Estimated share of project by source

Bank 56% SBA (CDC) 34% Owner 10%

  • Larger than 76% 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 North Carolina: $2,167,577.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in North Carolina