Lamar Hotels, Inc
Lamar Hotels, Inc is located in Mill Hall, PA, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 504 loan ($1,737,000 SBA portion) on May 23, 2025 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
- Franchise
- Quality Inn, Quality Inn & Suites,
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| May 23, 2025 | $1,737,000 | $2,419,000 | $4,617,778 (estimated) | Kish Bank | South Eastern Economic Development Company of Pennsylvania | 25 years | 20 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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