Main Street Registry

Ambika Hospitality LLC

Mobile, AL · Hotels (except Casino Hotels) and Motels · NAICS 721110

Ambika Hospitality LLC is a hotel business in Mobile, Alabama, in the Hotels (except Casino Hotels) and Motels industry, and it operates a Hampton Inn & Suites by Hilton franchise. The business was financed with an SBA 7(a) loan for a change of ownership of $5 million, approved by GBank on March 19, 2026, and the loan reports 4 jobs.

SBA 7(a) loan, change of ownership, approved Mar 19, 2026

$5,000,000 approvedLender: GBank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$5,000,000
SBA-guaranteed amount
$3,750,000 (75% of the approval)
Lender
GBank, Las Vegas, NV
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
25 years (300 months)
Estimated maturity
March 19, 2051 (estimated, approval date plus term)
Estimated monthly payment
$37,766 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 28, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Hampton Inn & Suites by Hilton
Project location
Mobile County, AL
SBA district office
Alabama District Office
Congressional district
AL-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 76% of acquisition loans in Hotels (except Casino Hotels) and Motels on this site.
  • Average acquisition loan in Hotels (except Casino Hotels) and Motels: $3,241,374.
  • Average acquisition loan in Alabama: $1,764,717.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in Alabama