Main Street Registry

PSDA Hospitality SHV LLC

Sharonville, OH · Hotels (except Casino Hotels) and Motels · NAICS 721110

PSDA Hospitality SHV LLC, located in Sharonville, Ohio, operates in the hotels and motels industry (NAICS 721110) and is listed as a DoubleTree by Hilton franchise. The business was financed with an SBA 7(a) loan for a change of ownership totaling $5 million, approved on February 11, 2025, by lender GBank.

SBA 7(a) loan, change of ownership, approved Feb 11, 2025

$5,000,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$5,000,000
SBA-guaranteed amount
$3,750,000 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, variable
Term
25 years (300 months)
Estimated maturity
February 11, 2050 (estimated, approval date plus term)
Estimated monthly payment
$39,423 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 28, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
27
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
DoubleTree by Hilton / Double Tree Suites by Hilton
Project location
Hamilton County, OH
SBA district office
Columbus District Office
Congressional district
OH-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 76% of acquisition loans in Hotels (except Casino Hotels) and Motels on this site.
  • Average acquisition loan in Hotels (except Casino Hotels) and Motels: $3,241,374.
  • Average acquisition loan in Ohio: $1,840,340.

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 Ohio