Main Street Registry

Jay Mataji Lodging LLC

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

Jay Mataji Lodging LLC is a hotel and motel business in Clarion, Pennsylvania, classified under NAICS 721110 (Hotels, except Casino Hotels and Motels), and it operates as a Microtel Inn & Suites by Wyndham franchise.

SBA 504 loan, approved Jan 30, 2026

$2,267,000 SBA portionCDC: Regional Development Funding Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,267,000
Bank portion
$3,140,000
Estimated project size
$6,007,778 (estimated)
Estimated owner equity
$600,778 (estimated, about 10% of the project)
Bank lender
1st Summit Bank, Johnstown, PA
CDC
Regional Development Funding Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
January 30, 2051 (estimated, approval date plus term)
First disbursement
Apr 15, 2026
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Microtel Inn & Suites by Wyndham
Project location
Clarion County, PA
SBA district office
Pittsburgh District Office
Congressional district
PA-15
Collateral
Yes

Estimated share of project by source

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

  • Larger than 41% 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