Stark Hospitality LLC
Stark Hospitality LLC is a hotel business in Danbury, Connecticut, in the hotels (except casino hotels) and motels industry. The company financed real estate or equipment through an SBA 504 loan with a SBA portion of $4,902,000, approved on August 22, 2025 through Centreville Bank with Granite State Economic Development Corporation as the certified development company.
SBA 504 loan, approved Aug 22, 2025
$4,902,000 SBA portionCDC: Granite State Economic Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $4,902,000
- Bank portion
- $6,842,500
- Estimated project size
- $13,049,444 (estimated)
- Estimated owner equity
- $1,304,944 (estimated, about 10% of the project)
- Bank lender
- Centreville Bank, West Warwick, RI
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- August 22, 2050 (estimated, approval date plus term)
- First disbursement
- Jun 17, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 23
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Comfort Inn, Comfort Inn & Suites & Comfort Suites
- Project location
- Western Ct County, CT
- SBA district office
- Connecticut District Office
- Congressional district
- CT-4
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 86% 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 Connecticut: $2,313,333.
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 Connecticut
- Sai Ganesh LLC, Norwich
- Holiday Inn Express & Suites Danbury, Danbury
- The Inn at Longshore, Westport
- Norwalk Inn & Conference Center, Inc., Norwalk
- EVEN Hotel Norwalk, Norwalk
- La Quinta Inn & Suites, Plainfield
- Hampton Inn, Shelton
- Shree Hospitality, LLC, Groton