Main Street Registry

Jai Shri Ram Hospitality Group of Concord, LLC

Concord, CA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Jai Shri Ram Hospitality Group of Concord, LLC is a hotel and motel business in Concord, California, in the hotels (except casino hotels) and motels industry. The company financed real estate or equipment through an SBA 504 loan of $5.5 million, approved on July 14, 2025, with Celtic Bank Corporation as the lender and Advantage Certified Development Corporation as the certified development company.

SBA 504 loan, approved Jul 14, 2025

$5,500,000 SBA portionCDC: Advantage Certified Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$5,500,000
Bank portion
$22,940,300
Estimated project size
$31,600,333 (estimated)
Estimated owner equity
$3,160,033 (estimated, about 10% of the project)
Bank lender
Celtic Bank Corporation, Salt Lake City, UT
CDC
Advantage Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
July 14, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
30
Business type
LLC or partnership
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Courtyard by Marriott
Project location
Contra Costa County, CA
SBA district office
San Francisco District Office
Congressional district
CA-11
Collateral
Yes

Estimated share of project by source

Bank 73% SBA (CDC) 17% Owner 10%

  • Larger than 98% 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 California: $2,161,468.

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 California