Tri-State Hospitality Services
Tri-State Hospitality Services, located in Beltsville, MD, operates in the linen supply industry. The business was approved for an SBA 504 loan of $1,835,000 to finance real estate or equipment, with the loan approved on February 6, 2026 through lender Harvest Commercial Capital, LLC and certified development company Business Finance Group, Inc.
SBA 504 loan, approved Feb 6, 2026
$1,835,000 SBA portionCDC: Business Finance Group, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,835,000
- Bank portion
- $2,231,000
- Estimated project size
- $4,517,778 (estimated)
- Estimated owner equity
- $451,778 (estimated, about 10% of the project)
- Bank lender
- Harvest Commercial Capital, LLC, Laguna Hills, CA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- February 6, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 812331, Linen Supply
- Project location
- Prince Georges County, MD
- SBA district office
- Washington District Office
- Congressional district
- MD-4
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Linen Supply: $2,044,400.
- Average expansion loan in Maryland: $2,350,795.
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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