# WoodSpring Suites, Southington CT: $3,736,000 SBA 504 loan approved 2026-06-04

**Fresh Capital Score:** 65/100

| Field | Value |
|---|---|
| Business | WoodSpring Suites |
| Location | Southington, CT, 06489 |
| County | CAPITOL |
| Program | SBA 504 |
| Gross approval | $3,736,000 |
| Approved | 2026-06-04 |
| Lender | New England Certified Development Corporation |
| Third-party lender | Savers Co-operative Bank |
| Term (months) | 300 |
| Industry | Hotels (except Casino Hotels) and Motels |
| NAICS | 721110 |
| Franchise | WoodSpring Suites ES |
| Business type | CORPORATION |
| Business age | Startup, Loan Funds will Open Business |
| Jobs supported | 12 |

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

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.