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Ekadanta Investments LLC

Colby, KS · Hotels (except Casino Hotels) and Motels · NAICS 721110

Ekadanta Investments LLC, located in Colby, Kansas, operates in the hotels (except casino hotels) and motels industry. The business was financed with an SBA 7(a) loan for a change of ownership of $2.19 million, approved on February 11, 2025, through Metro City Bank, and the loan supports 7 jobs and operates as a Days Inn / Days Inn by Wyndham franchise.

SBA 7(a) loan, change of ownership, approved Feb 11, 2025

$2,189,000 approvedLender: Metro City Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,189,000
SBA-guaranteed amount
$1,641,750 (75% of the approval)
Lender
Metro City Bank, Doraville, GA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
25 years (300 months)
Estimated maturity
February 11, 2050 (estimated, approval date plus term)
Estimated monthly payment
$17,997 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 25, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Days Inn / Days Inn by Wyndham
Project location
Thomas County, KS
SBA district office
Wichita District Office
Congressional district
KS-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 29% 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 Kansas: $1,491,022.

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 Kansas