Main Street Registry

LM Hospitality, Inc.

Montgomery, AL · Hotels (except Casino Hotels) and Motels · NAICS 721110

LM Hospitality, Inc., located in Montgomery, Alabama, operates in the hotels (except casino hotels) and motels industry under NAICS code 721110. The company was approved for an SBA 504 loan of $5,000,000 through AmeriFirst Bank with a 300-month term, with an approval date of August 11, 2026, and the SBA 504 loan financed real estate or equipment through an SBA 504 loan.

SBA 504 loan, approved Aug 11, 2026

$5,000,000 SBA portionCDC: Southern Development Council25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$5,000,000
Bank portion
$10,934,005
Estimated project size
$17,704,450 (estimated)
Estimated owner equity
$1,770,445 (estimated, about 10% of the project)
Bank lender
AmeriFirst Bank, Montgomery, AL
CDC
Southern Development Council
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
August 11, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
50
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Montgomery County, AL
SBA district office
Alabama District Office
Congressional district
AL-2
Collateral
Yes

Estimated share of project by source

Bank 62% SBA (CDC) 28% Owner 10%

  • Larger than 90% 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 Alabama: $2,182,891.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Alabama