HPP Hospitality LLC
HPP Hospitality LLC, located in Pauls Valley, Oklahoma, operates in the hotels (except casino hotels) and motels industry (NAICS 721110). The business financed real estate or equipment through an SBA 504 loan of $1,540,000, approved on November 13, 2024, with American Bank, National Association as the lender and Rural Enterprises of Oklahoma, Inc. as the certified development company.
SBA 504 loan, approved Nov 13, 2024
$1,540,000 SBA portionCDC: Rural Enterprises of Oklahoma, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,540,000
- Bank portion
- $1,539,416
- Estimated project size
- $3,421,573 (estimated)
- Estimated owner equity
- $342,157 (estimated, about 10% of the project)
- Bank lender
- American Bank, National Association, Dallas, TX
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- November 13, 2049 (estimated, approval date plus term)
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Project location
- Garvin County, OK
- SBA district office
- Oklahoma District Office
- Congressional district
- OK-4
- Collateral
- Yes
Estimated share of project by source
Bank 45% SBA (CDC) 45% Owner 10%
- Larger than 22% 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 Oklahoma: $1,929,167.
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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