Main Street Registry

Vistar Hospitality LLC

Seatac, WA · Hotels (except Casino Hotels) and Motels · NAICS 721110

Vistar Hospitality LLC, located in Seatac, WA, operates in the hotels (except casino hotels) and motels industry. The company financed real estate or equipment through an SBA 504 loan of $5,088,000 (SBA portion), with a total project amount of $7,100,000, approved on February 12, 2025, through State Bank of Texas and Ameritrust CDC.

SBA 504 loan, approved Feb 12, 2025

$5,088,000 SBA portionCDC: Ameritrust CDC25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$5,088,000
Bank portion
$7,100,000
Estimated project size
$13,542,222 (estimated)
Estimated owner equity
$1,354,222 (estimated, about 10% of the project)
Bank lender
State Bank of Texas, Irving, TX
CDC
Ameritrust CDC
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
February 12, 2050 (estimated, approval date plus term)
First disbursement
Feb 11, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Project location
King County, WA
SBA district office
Seattle District Office
Congressional district
WA-9
Collateral
Yes

Estimated share of project by source

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

  • Larger than 96% 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 Washington: $2,234,716.

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 Washington