Guru 1079 LLC
Guru 1079 LLC is located in Augusta, GA, and the SBA lists its industry as Hotels (except Casino Hotels) and Motels. It was approved for an SBA 7(a) loan of $1,260,000 for a change of ownership on August 28, 2025.
SBA 7(a) loan, change of ownership, approved Aug 28, 2025
- Gross approval
- $1,260,000
- SBA-guaranteed amount
- $945,000 (75% of the approval)
- Lender
- Bank of Hope, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- August 28, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $10,359 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 8, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Franchise
- Scottish Inns/Scottish Suites/Scottish Inns & Suites
- Project location
- Columbia County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-12
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 8% 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 Georgia: $2,017,638.
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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