Main Street Registry

Revival Property LB112, LLC

Long Beach, MS · Hotels (except Casino Hotels) and Motels · NAICS 721110

Revival Property LB112, LLC is a hotel and motel business in Long Beach, Mississippi, in the Hotels (except Casino Hotels) and Motels industry. The company financed real estate or equipment through an SBA 504 loan of $1,318,000 approved on November 6, 2024, with Home Bank, National Association as the lender and Central Mississippi Development Company, Inc. as the certified development company.

SBA 504 loan, approved Nov 6, 2024

$1,318,000 SBA portionCDC: Central Mississippi Development Company, Inc.25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,318,000
Bank portion
$2,150,000
Estimated project size
$3,853,333 (estimated)
Estimated owner equity
$385,333 (estimated, about 10% of the project)
Bank lender
Home Bank, National Association, Lafayette, LA
CDC
Central Mississippi Development Company, Inc.
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
November 6, 2049 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
5
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
Harrison County, MS
SBA district office
Mississippi District Office
Congressional district
MS-4
Collateral
Yes

Estimated share of project by source

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

  • Larger than 13% 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 Mississippi: $3,137,429.

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 Mississippi