Main Street Registry

Hotel Trundle

Columbia, SC · Hotels (except Casino Hotels) and Motels · NAICS 721110

Hotel Trundle is located in Columbia, SC, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 504 loan ($2,178,000 SBA portion) on February 12, 2025 to finance real estate or equipment.

SBA 504 loan, approved Feb 12, 2025

SBA (CDC) portion
$2,178,000
Bank portion
$3,031,500
Estimated project size
$5,788,333 (estimated)
Estimated owner equity
$578,833 (estimated, about 10% of the project)
Bank lender
Coastal Carolina National Bank, Myrtle Beach, SC
CDC
Certified Development Corporation of South Carolina
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
February 12, 2050 (estimated, approval date plus term)
First disbursement
Apr 16, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Richland County, SC
SBA district office
South Carolina District Office
Congressional district
SC-6
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

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 South Carolina