Main Street Registry

Kashi Hospitality LLC

Midland, TX · Hotels (except Casino Hotels) and Motels · NAICS 721110

Kashi Hospitality LLC is a hotel and motel business in Midland, Texas, classified under the NAICS industry for hotels (except casino hotels) and motels. The company financed real estate or equipment through an SBA 504 loan of $2,239,000, with Prosperity Bank as the lending bank and North Texas Certified Development Corporation as the certified development company, with approval dated May 14, 2026.

SBA 504 loan, approved May 14, 2026

$2,239,000 SBA portionCDC: North Texas Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,239,000
Bank portion
$3,108,653
Estimated project size
$5,941,837 (estimated)
Estimated owner equity
$594,184 (estimated, about 10% of the project)
Bank lender
Prosperity Bank, El Campo, TX
CDC
North Texas Certified Development Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
May 14, 2051 (estimated, approval date plus term)
First disbursement
Sep 16, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
11
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
MainStay Suites ES
Project location
Midland County, TX
SBA district office
Lubbock District Office
Congressional district
TX-11
Collateral
Yes

Estimated share of project by source

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

  • Larger than 40% 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 Texas: $2,316,979.

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 Texas