Main Street Registry

Home2Suites by Hilton

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

Home2Suites by Hilton, located in Marshall, Texas, operates in the hotels and motels industry (NAICS 721110) and is a Home 2 Suites by Hilton franchise. The company was approved for an SBA 504 loan of $4,453,000 through the East Texas Regional Development Company, Inc., with Celtic Bank Corporation as the lending bank, with the approval dated March 5, 2026, and the loan is projected to support 50 jobs.

SBA 504 loan, approved Mar 5, 2026

$4,453,000 SBA portionCDC: East Texas Regional Development Company, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$4,453,000
Bank portion
$7,223,087
Estimated project size
$12,973,430 (estimated)
Estimated owner equity
$1,297,343 (estimated, about 10% of the project)
Bank lender
Celtic Bank Corporation, Salt Lake City, UT
CDC
East Texas Regional Development Company, Inc.
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
March 5, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
50
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Home 2 Suites by Hilton
Project location
Harrison County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-1
Collateral
Yes

Estimated share of project by source

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

  • Larger than 83% 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