# TownePlace Suites by Marriott Grove City Mercer, Mercer PA: $3,641,000 SBA 504 loan approved 2026-02-18

**Fresh Capital Score:** 65/100

| Field | Value |
|---|---|
| Business | TownePlace Suites by Marriott Grove City Mercer |
| Location | Mercer, PA, 16137 |
| County | MERCER |
| Program | SBA 504 |
| Gross approval | $3,641,000 |
| Approved | 2026-02-18 |
| Lender | South Eastern Economic Development Company of Pennsylvania |
| Third-party lender | Kish Bank |
| Term (months) | 300 |
| Industry | Hotels (except Casino Hotels) and Motels |
| NAICS | 721110 |
| Franchise | TownePlace Suites by Marriott |
| Business type | CORPORATION |
| Business age | Startup, Loan Funds will Open Business |
| Jobs supported | 19 |

## Why this score
- Approval of $2M or more: major new capital.
- New business: still buying services and equipment.
- Franchise (TownePlace Suites by Marriott).

Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data (https://data.sba.gov/dataset/7a-504-foia). Last refreshed: 2026-11-04T01:29:00.118Z.
Loan data comes from SBA public FOIA files, which SBA refreshes quarterly, so the newest approvals can lag by up to about four months. Sole proprietors and street addresses are excluded. Informational only.