Habiba LLC
Habiba LLC, located in York, ME, operates in the hotels (except casino hotels) and motels industry and is a Microtel Inn & Suites by Wyndham franchise. The company financed real estate or equipment through an SBA 504 loan of $2,146,000, approved on June 18, 2026, with Machias Savings Bank as the partner bank and Granite State Economic Development Corporation as the certified development company. The loan is listed as not funded.
SBA 504 loan, approved Jun 18, 2026
$2,146,000 SBA portionCDC: Granite State Economic Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $2,146,000
- Bank portion
- $2,975,000
- Estimated project size
- $5,690,000 (estimated)
- Estimated owner equity
- $569,000 (estimated, about 10% of the project)
- Bank lender
- Machias Savings Bank, Machias, ME
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 18, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Microtel Inn & Suites by Wyndham
- Project location
- York County, ME
- SBA district office
- Maine District Office
- Congressional district
- ME-1
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% 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 Maine: $2,027,182.
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 Maine
- Madina LLC, Brunswick
- Dugla LLC, Kittery
- Vacation Land Hotels LLC, South Portland