Main Street Registry

Jay Mahavir Hospitality Inc

East Stroudsburg, PA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Jay Mahavir Hospitality Inc, located in East Stroudsburg, Pennsylvania, operates in the hotels and motels industry. The company financed real estate or equipment through an SBA 504 loan of $2,966,000, approved on April 29, 2025 by The Honesdale National Bank with NEPA Alliance Business Finance Corporation as the certified development company.

SBA 504 loan, approved Apr 29, 2025

$2,966,000 SBA portionCDC: NEPA Alliance Business Finance Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,966,000
Bank portion
$2,900,000
Estimated project size
$6,517,778 (estimated)
Estimated owner equity
$651,778 (estimated, about 10% of the project)
Bank lender
The Honesdale National Bank, Honesdale, PA
CDC
NEPA Alliance Business Finance Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
April 29, 2050 (estimated, approval date plus term)
First disbursement
Aug 13, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
9
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Monroe County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-7
Collateral
Yes

Estimated share of project by source

Bank 44% SBA (CDC) 46% Owner 10%

  • Larger than 59% 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 Pennsylvania: $2,212,724.

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 Pennsylvania