Anshi Hotels LLC
Anshi Hotels LLC is located in Charlotte, NC, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 7(a) loan of $4,293,500 for a change of ownership on July 30, 2024.
SBA 7(a) loan, change of ownership, approved Jul 30, 2024
- Gross approval
- $4,293,500
- SBA-guaranteed amount
- $3,220,125 (75% of the approval)
- Lender
- GBank, Las Vegas, NV
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- July 30, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $37,512 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 7, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Suburban Studios ES
- Project location
- Mecklenburg County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 68% 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 North Carolina: $1,952,444.
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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- Shree Balaji Ventures LLC, Charlotte
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