Main Street Registry

Holiday Inn Express Fairfax

Fairfax, VA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Holiday Inn Express Fairfax is a hotel in Fairfax, Virginia, in the Hotels (except Casino Hotels) and Motels industry, and it operates as a Holiday Inn franchise. The business received an SBA 504 loan that financed real estate or equipment through an SBA 504 loan of $5,000,000 (SBA portion), approved on December 18, 2025, with Celtic Bank Corporation as the lender and 504 Capital Corporation as the certified development company.

SBA 504 loan, approved Dec 18, 2025

$5,000,000 SBA portionCDC: 504 Capital Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$5,000,000
Bank portion
$4,924,000
Estimated project size
$11,026,667 (estimated)
Estimated owner equity
$1,102,667 (estimated, about 10% of the project)
Bank lender
Celtic Bank Corporation, Salt Lake City, UT
CDC
504 Capital Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
December 18, 2050 (estimated, approval date plus term)
First disbursement
Mar 11, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
16
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Holiday Inn/Holiday Inn & Suites/Holiday Inn Resort
Project location
Fairfax City County, VA
SBA district office
Washington District Office
Congressional district
VA-10
Collateral
Yes

Estimated share of project by source

Bank 45% SBA (CDC) 45% Owner 10%

  • Larger than 90% 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 Virginia: $1,938,955.

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 Virginia