SBA lending record
Maingate East Development, Inc.
11317 Abercorn St., Savannah, GA 31419 · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$5.0M
Total SBA financing
1
Loan on record
FY2022
On record
20
Jobs supported
Franchise brand
SpringHill Suites by Marriott
See SpringHill Suites by Marriott's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$5,000,000 — FY2022
- Gross approval
- $5,000,000
- SBA guaranteed
- $3,750,000 (75%)
- Status
- Paid in full
- Rate at approval
- 6% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/22/2022
- First disbursement
- 7/18/2022
- Days to fund
- 26 days
- Paid in full
- 2/29/2024
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 20
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Hotels (except Casino Hotels) and Motels
- NAICS code
- 721110
- Franchise
- SpringHill Suites by Marriott
- Franchise code
- S1610
- Lender
- Legence Bank
- Address
- 11317 Abercorn St.
- City
- Savannah, 31419
- County
- Chatham
- SBA district office
- GEORGIA DISTRICT OFFICE
- Congressional district
- 1
The lender
Legence Bank
1 loan to this businessFind SBA lenders for businesses like this
The banks most active funding hotels (except casino hotels) and motels — by location, industry, and brand.
Other SpringHill Suites by Marriott locations
Other SpringHill Suites by Marriott businesses in the public SBA record — closest first, by location and deal size.
MHH Hotel LLC
Lithia Springs, GA· ~236 mi
SpringHill Suites by Marriott
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Wolfchase 40 LLC
Bartlett, TN· ~544 mi
SpringHill Suites by Marriott
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
1470 DRY CREEK OP, LLC
Longmont, CO· ~1448 mi
SpringHill Suites by Marriott
- $4.2M
- SBA financing
- ≈ $8.3M–$14M
- Est. revenue (rough)
Premier Hospitality Lansing, LLC
Lansing, MI· ~767 mi
SpringHill Suites by Marriott
- $5.0M
- SBA financing
- ≈ $9.7M–$16M
- Est. revenue (rough)
AC Investment Group Inc
Bolingbrook, IL· ~772 mi
SpringHill Suites by Marriott
- $4.6M
- SBA financing
- ≈ $9.1M–$15M
- Est. revenue (rough)
Cloud Nine Hospitality LLC
San Antonio, TX· ~1047 mi
SpringHill Suites by Marriott
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Similar businesses
Comparable hotels (except casino hotels) and motels in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Reha, LLC
Savannah, GA· ~3 mi
Baymont by Wyndham aka Baymont Inn & Suites
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Econo Lodge Savannah
Savannah, GA· ~5 mi
Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho
- $4.4M
- SBA financing
- ≈ $8.7M–$14M
- Est. revenue (rough)
Red Roof Plus Savannah |-95
Savannah, GA· ~9 mi
Red Roof Inn
- $4.5M
- SBA financing
- ≈ $8.7M–$15M
- Est. revenue (rough)
Radhe Krishnaa LLC
Port Wentworth, GA· ~15 mi
Wingate by Wyndham
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Shidhi Vinayak, LLC
Savannah, GA· ~2 mi
La Quinta by Wyndham a.k.a. La Quinta Inn & Suites
- $3.6M
- SBA financing
- ≈ $7.1M–$12M
- Est. revenue (rough)
OM Hotels Abercorn, LLC
Savannah, GA· ~0 mi
Days Inn by Wyndham
- $3.0M
- SBA financing
- ≈ $5.8M–$9.6M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Maingate East Development, Inc. in Savannah, GA (Hotels (except Casino Hotels) and Motels). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $5.0M
- On record FY2022
- 20 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Savannah, GA
- Lender: Legence Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Hotels (except Casino Hotels) and Motels businesses in GA for ~$5.0M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-21.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Maingate East Development, Inc..