Hardeep Singh, Gurdeep Singh, Harpreet Singh, and Jaspreet Singh
Hardeep Singh, Gurdeep Singh, Harpreet Singh, and Jaspreet Singh operate a hotel or motel business in Indianapolis, Indiana, classified under NAICS 721110 (Hotels, except Casino Hotels and Motels).
SBA 504 loan, approved Dec 11, 2025
$2,328,000 SBA portionCDC: Premier Capital Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,328,000
- Bank portion
- $3,235,000
- Estimated project size
- $6,181,111 (estimated)
- Estimated owner equity
- $618,111 (estimated, about 10% of the project)
- Bank lender
- First Bank of the Lake, Osage Beach, MO
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 11, 2050 (estimated, approval date plus term)
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 17
- Business type
- Individual
- NAICS
- 721110, Hotels (except Casino Hotels) and Motels
- Project location
- Marion County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-6
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 43% of expansion loans in Hotels (except Casino Hotels) and Motels on this site.
- Average expansion loan in Hotels (except Casino Hotels) and Motels: $2,843,226.
- Average expansion loan in Indiana: $2,227,963.
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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