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TAMPA, FL-Spirides Hospitality Finance Company has successfully arranged, and its client has closed an .7 million building conversion and term, first priority conventional loan from a Southeast U.S. headquartered bank to finance the development of a new Holiday Inn in Downtown Columbia, South Carolina.

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Spirides Arranges $7.8 Million Hotel Construction Loan for New Holiday Inn Express in Rock Hill, SC Spirides arranges $7.5M construction loan for S.C. Tru by Hilton hotel. Spirides Hospitality Finance Company has successfully arranged and its client has closed on a $7.5-million senior loan facility to finance the development of a new Hilton Tru.

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The name Holiday, like the names of many towns, comes from a spark of marketing inspiration. At a board meeting of First Federal Savings and Loan Association of Tarpon Springs on Oct. 13, 1966, members discussed naming the new branch of the bank as the Holiday branch, since the post office had a substation on Holiday Drive nearby.