Main Street Registry

RK Hospitality LLC

Erie, PA · Hotels (except Casino Hotels) and Motels · NAICS 721110

RK Hospitality LLC is a hotel business in Erie, Pennsylvania, classified under the industry Hotels (except Casino Hotels) and Motels. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $2,382,000, approved on January 22, 2026, through Enterprise Bank with the Regional Development Funding Corporation as the certified development company.

SBA 504 loan, approved Jan 22, 2026

$2,382,000 SBA portionCDC: Regional Development Funding Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,382,000
Bank portion
$3,300,000
Estimated project size
$6,313,333 (estimated)
Estimated owner equity
$631,333 (estimated, about 10% of the project)
Bank lender
Enterprise Bank, Allison Park, PA
CDC
Regional Development Funding Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
January 22, 2051 (estimated, approval date plus term)
First disbursement
Apr 15, 2026
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Wingate by Wyndham
Project location
Erie County, PA
SBA district office
Pittsburgh District Office
Congressional district
PA-16
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 46% 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 Pennsylvania: $2,212,724.

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 Pennsylvania