White Dove Investments, L.L.C.
White Dove Investments, L.L.C. is a hotel and motel business in Lake Charles, Louisiana, classified under NAICS 721110 (Hotels, except Casino Hotels and Motels). The company financed real estate or equipment through an SBA 504 loan of $4,997,000, with Poppy Bank as the lender and JEDCO Development Corporation as the certified development company, approved on January 17, 2025.
SBA 504 loan, approved Jan 17, 2025
$4,997,000 SBA portionCDC: JEDCO Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $4,997,000
- Bank portion
- $7,989,960
- Estimated project size
- $14,429,956 (estimated)
- Estimated owner equity
- $1,442,996 (estimated, about 10% of the project)
- Bank lender
- Poppy Bank, Santa Rosa, CA
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- January 17, 2050 (estimated, approval date plus term)
- First disbursement
- Aug 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Project location
- Calcasieu County, LA
- SBA district office
- Louisiana District Office
- Congressional district
- LA-3
- Collateral
- Yes
Estimated share of project by source
Bank 55% SBA (CDC) 35% Owner 10%
- Larger than 88% 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 Louisiana: $2,537,130.
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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