Main Street Registry

Ramada By Wyndham Austin South

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

Ramada By Wyndham Austin South, located in Austin, Texas, operates in the hotels (except casino hotels) and motels industry, NAICS 721110. The business financed real estate or equipment through an SBA 504 loan of $2,882,000, with Third Coast Bank as the lender and Capital Certified Development Corporation as the certified development company, approved July 25, 2025.

SBA 504 loan, approved Jul 25, 2025

$2,882,000 SBA portionCDC: Capital Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,882,000
Bank portion
$4,693,950
Estimated project size
$8,417,722 (estimated)
Estimated owner equity
$841,772 (estimated, about 10% of the project)
Bank lender
Third Coast Bank, Humble, TX
CDC
Capital Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
July 25, 2050 (estimated, approval date plus term)
First disbursement
Dec 17, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Individual
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Ramada / Ramada by Wyndham / Ramada Plaza / Ramada Plaza by Wyndham
Project location
Travis County, TX
SBA district office
San Antonio District Office
Congressional district
TX-21
Collateral
Yes

Estimated share of project by source

Bank 56% SBA (CDC) 34% Owner 10%

  • Larger than 57% 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