Main Street Registry

KCR Hospitality, LLC

Bardstown, KY · Hotels (except Casino Hotels) and Motels · NAICS 721110

KCR Hospitality, LLC, located in Bardstown, Kentucky, operates in the hotels (except casino hotels) and motels industry and is a franchise of Spark by Hilton. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $3,083,000, approved on December 17, 2024, through Small Business Lending, Inc. dba Newtek Small Business Lending and Alloy Development Co., Inc., and reported 31 jobs.

SBA 504 loan, approved Dec 17, 2024

$3,083,000 SBA portionCDC: Alloy Development Co., Inc.25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$3,083,000
Bank portion
$3,005,000
Estimated project size
$6,764,444 (estimated)
Estimated owner equity
$676,444 (estimated, about 10% of the project)
Bank lender
Small Business Lending, Inc. dba Newtek Small Business Lending, Lake Success, NY
CDC
Alloy Development Co., Inc.
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
December 17, 2049 (estimated, approval date plus term)
First disbursement
Mar 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
31
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Spark by Hilton
Project location
Nelson County, KY
SBA district office
Kentucky District Office
Congressional district
KY-2
Collateral
Yes

Estimated share of project by source

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

  • Larger than 60% 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 Kentucky: $2,344,000.

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 Kentucky