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Home Borrowers Accommodations Belle Vernon Hampton Inn

Belle Vernon Hampton Inn

Location:

1525 Broad Avenue
Belle Vernon, PA

County:

Westmoreland

Description:

Real estate improvement loan

Total Project Cost:

$7,300,000

Visit Online:

hilton.com/en/hotels/belpahx-hampton-belle-vernon/

People

David Bhanot is the new owner of the hotel.  He brings many years of successful hospitality experience along with a background in accounting.

Progress

The Progress Fund, in participation with Enterprise Bank, provided the opportunity for David to purchase and make improvements to the 70-room Belle Vernon Hampton Inn.  Built in 2007, the hotel had undergone renovations prior to David’s purchase.  Upon purchase, David will perform some additional minor improvements.  The Progress Fund was a participant in the project with a $450,000 loan.

Impact

The financing package supports a minority-owned tourism and hospitality business in our area.

More Accommodations Stories

Accommodations

Previous borrower Young Scholars of Greater Allegheny

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